The following information is for X Company for 2019: ?? Equipment, January 1 Equipment, December 31 Purchases of equipment Cost of equipment sold Depreciation expense $16,770 $8,439 $4,073 $1,746 What was the balance of the Equipment account on January 1, 2019? A: $9,056 Submit Answer B: $11,320OC: $14,150 OD: $17,688 OE: $22,109 OF: $27,637 Tries 0/99