Brooks Company had the following excerpt from its financial records: 12 31/2017 $850,000 $813,000 S24,) 12/31/2016 Equipment Accumulated Depreciation Book Value 560,000 $ 253,000 The following information is taken from Brooks Company's records: . Depreciation expense for 2017 and 2016 was $92,000 and $96,000, respectively. 2 A gain on sale of equipment of S9,000 was recorded during 2017 3. Equipment was sold during 2017 for $17,000. Required Compute the amount of cash used to purchase the equipment during 2017 Cash used to purchase the equipment: #0 Clear Undo Help Next >> Explain