The Minnie Company reported the following for its recent year of operation. No new equipment was purchased during the year. What was the selling price of the equipment? $3,900 $1,000 $900 From the income This statement year Depreciation expense $1,000 Loss on sale of equipment 3,000 From the comparative balance This Last sheet year year PP&E $8,000 12,500 Accumulated Depreciation 2,400 2,000