On January 2, 2023, Wildhorse Company acquired equipment to be used inits manufacturing operations. The equipment has an estimated useful life of 10 years and an estimated salvage value of $48000. The depreciation applicable to this equipment was $217000 for 2026 , computed under the sum- of-the-years'-digits method. What was the acquisition cost of the equipment? $1705000 $1657000 $1680667 $1753000