On January 1, the balance in the Equipment account was $20,695; on December 31, the balance was $15,625. The Income Statement reports Depreciation Expense of $2,045. During the year, $2,946 of equipment was purchased. What was the cost of the equipment sold during the year? A: 1434.7917 B: 1908.2730 C: 2538.0031| OD: 3375.5441| OE: 4489.4737|| OF: 5971