Question 27 A company's comparative balance sheet reports a $102,000 increase in equipment. During the year the company sold equipment for $30,000 cash, recognizing a $3.000 loss on the sale. The company had recorded $19.000 for accumulated depreciation on the equipment that was sold. During the year, the company also purchased equipment for cash. What was the cost of the new equipment that the company purchased during the year? Format guidance: Enter whole number only. Round to the nearest whole dollar. No dollar sign, comma, or decimal point. Examples: 1003 or 20058