Halbur Company reported the following for its recent year of operation:

From the income statement:
Depreciation expense	$ 1,850
Loss on sale of equipment	3,560
From the comparative balance sheet:
Beginning balance, equipment	$ 14,200
Ending balance, equipment	8,850
Beginning balance, accumulated depreciation	2,850
Ending balance, accumulated depreciation	3,675

No new equipment was purchased during the year. What was the selling price of the equipment?

$1,025.

$1,850.

$4,325.

$765.