On January 1, the balance in the Equipment account was $20,376; on December 31, the balance was $15,996. The Income Statement reports Depreciation Expense of $2.116. During the Year, $2,977 of equipment was purchased What was the cost of the equipment sold during the year? C 26532920 D: 3354.2400E 4192.8000F: 5241 A: 1717.3709 33:2146.7136 Submit Answer Tries 0/99