Nelson Company collected the following data in its accounting records in 20X7: Income Statement Depreciation expense Loss on sale of equipment $1,000 $3,000 Statement of Financial Position 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 cash inflow from the sale of equipment in 20X7? O $600 $1,000 $3,900. O $900