The IUIUWILIY HUITTIILIUI 15 IUI A LUIpany IUI 2017. Equipment, January 1 Equipment, December 31 Purchases of equipment Cost of equipment sold Depreciation expense $15,083 $8,453 $3,996 $1,194 What was the balance of the Equipment account on January 1, 2019? The following information is for X Company for 2019: ?? Equipment, January 1 Equipment, December 31 Purchases of equipment Cost of equipment sold Depreciation expense $15,083 $8,453 $3,996 $1,194 What was the balance of the Equipment account on January 1, 2019? A: $11,820 B: $13,829C: $16,180 OD: $18,931 OE: $22,149 OF: $25,915