Required information [The following information applies to the questions displayed below, The following information was drawn from the year-end balance sheets of Mass Trading Company Additional information regarding transactions occurring during Year 2 1. Investment secuities that had cost $6,130 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $430 2. Equipinent with a cost of $52.000 was purchased 3. The income statement showed a gain on the sale of equipment of $7,500 On the dote of sale; accumulated depreciation on the equipment sold amounted to $6,800 4. A building thet hed originally cost $164,000 was demotished 5. Land that had cost $25,100 was sold for $21,200 c. Determine the cost of the equipment thot was sold during Yoar 2