1. Using information on the cash received from disposal of property and equipment that all noncash losses for the most recent year related to the disposal of property and equipment, and that the accumulated depreciation on the property and equipment that was sold was $1,311, what was the original cost of the property and equipment that was sold during the most recent year? (Hints: Review the statement of cash flows and reconstruct the journal entry made to dispose of the property and equipment.)

Investing activities \begin{tabular}{lr} Expenditures for property and equipment & (2,649) \\ Proceeds from disposal of property and equipment & 42 \\ Other investments & 16 \\ \hline Cash required for investing activities & (2,591) \end{tabular}