SportsWorld bought a new display case for $12,000 and was given a trade-in of $2,000 on an old display case. The old case had an original cost of $7,000 and accumulated depreciation of $4,000 to the date of trade- in. Sports World should record the new display case at: Multiple Choice $10,000 $10,500 $11,500 $11,700 $12,000