On January 2, 2023, Pharoah Company acquired equipment to be used in its manufacturing operations. The equipment has an estimated useful life of 10 years and an estimated salvage value of $46300. The depreciation applicable to this equipment was $213500 for 2026 , computed under the sum-of-the-years'-digits method. What was the acquisition cost of the equipment? $1631200$1652633$1677500$1723800