Palin & Daughters had $26,500 in net fixed assets at the beginning of the year. During the year, the company purchased $5,700 in new equipment. It also sold at a price of $1,000, some old equipment with a book value of $850. The depreciation expense for the year was $4.300. What is the net fixed asset balance at the end of the year? Please record your answer using the following format (1407.00). Record your answer to two decimal places. Do NOT place a "$" in front of the number. Finally, do not use a comma to separate hundreds from thousands. Do not type the parentheses: just type the number