On January 1, the balance in the Equipment account was $19,396; on December 31, the balance was $16,442. The Income Statement reports Depreciation Expense of $1,814. During the year, $2,876 of equipment was purchased. What was the cost of the equipment sold during the year? A: 4016 B: 5020|| OC: 6275 D: 7843.7500 E: 9804.6875 F: 12255.8594 Submit Answer Tries 0/99