Sunshine Company reported the following for its recent year of operation:

From the income statement:

What was the value of new equipment purchased during the year?

From the income statement: Depreciation expense Loss on sale of PPE Impairment charges on PPE $1,000 $2,000 $1,900 From the balance sheet: Beginning balance, PPE net Ending balance, PPE net $10,500 $9,600 From the cash flow statement: Cash proceed from the sale of PPE 5,500