During the period, Sanchez Company sold some excess equipment at a loss. The following information was collected from the company's accounting records: From the Income Statement $ 980 3,600 Loss on sale of equiprment From the Balance Sheet Deginning equipment Ending equipment Boginning accumulated depreciation Ending accumulated depreciation 20,900 2,000 1,900 1,840 No new equipment was bought during the periad. Required: 1. For the equipment that was sold, determine its original cost, its accumulated depreciation, and the cash received from the sale. (Use the equipment and accumulated depreciation T-accounts to infer the book value of the equipment sold.) Cost of equipment sold Accumulated depreciation on sold equipment Cash received frem sale