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On January 1, the balance in the Equipment account was $19,193; on December 31, the balance was $16,011. The Income Statement reports Depreciation Expense of

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On January 1, the balance in the Equipment account was $19,193; on December 31, the balance was $16,011. The Income Statement reports Depreciation Expense of $1,989. During the year, $2,946 of equipment was purchased. What was the cost of the equipment sold during the year

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