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The following beginning and ending balances were drawn from the records of Allen Co. Beginning Ending Equipment $2,000 $1,200 Accumulated Depreciation $740 $1,500 If Allen

The following beginning and ending balances were drawn from the records of Allen Co.

Beginning Ending
Equipment $2,000 $1,200
Accumulated Depreciation $740 $1,500

If Allen Co. sold equipment that had an original cost of $1,650 and accumulated depreciation of $800 for $450, how much did Allen pay for new equipment?

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