On January 1, the balance in the Equipment account was $19,932: on December 31, the balance was $16.947. The income Statement reports Depreciation Expense of $7,061. During the year, $3,721 of equipment was sold. What was the cost of the equipment purchased during the year? D: 4067.2500 5897.5125 F: 85513931 A: 1334.1260 B: 1934.4828 C2805 Submit Answer Tries 0/99 2 Communication Blocked Send Feedback