Halbur Company reported the following for its recent year of operation: $ 1,000 3,000 From the income statement: Depreciation expense Loss on sale of equipment From the comparative balance sheet: Beginning balance, equipment Ending balance, equipment Beginning balance, accumulated depreciation Ending balance, accumulated depreciation $ 12,500 8,000 2,000 2,400 No new equipment was purchased during the year. What was the selling price of the equipment