On January 1, the balance in the Equipment account was $19,750; on December 31, the balance was $15,324. The Income Statement reports Depreciation Expense of $1,856. During the year, $2,817 of equipment was purchased. What was the cost of the equipment sold during the year? A: 1765.2122 B: 2206.5152 C: 2758.1440 D: 3447.6800 E: 4309.6000 F: 5387