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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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