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The following information is for X Company for 2017: Equipment, January 1, 2017 $11,370 Equipment, December 31, 2017 13,592 Purchases of equipment 8,437 Depreciation 1,975
The following information is for X Company for 2017:
Equipment, January 1, 2017 | $11,370 |
Equipment, December 31, 2017 | 13,592 |
Purchases of equipment | 8,437 |
Depreciation | 1,975 |
What was the cost of the equipment sold in 2017?
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