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The following information is for X Company for 2019: Equipment, January 1 ?? Equipment, December 31 $12,588 Purchases of equipment $6,886 Cost of equipment sold
The following information is for X Company for 2019:
| Equipment, January 1 | ?? |
| Equipment, December 31 | $12,588 |
| Purchases of equipment | $6,886 |
| Cost of equipment sold | $3,993 |
| Depreciation expense | $1,395 |
What was the balance of the Equipment account on January 1, 2019?
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