Bensen Company started business by acquiring $28,400 cash from the issue of common stock on January 1, Year 1. The cash acquired was immediately used to purchase equipment for $28,400 that had a $4,800 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume that all revenue transactions are for cash). At the beginning of the fifth year, the equipment was sold for $5,300 cash. Bensen uses straight-line depreciation