You are performing a reconstruction analysis for equipment transactions during the year. You are given the following beginning and ending balances for the current year: Feb. 1 Jan. 31 Equipment $153,600 $152,400 Accumulated depreciation 65,700 68,700 During the year, the company sold equipment with a cost of $23,100 and accumulated depreciation of $6,800 for $9,200 cash. It purchased equipment during the year. Using the reconstruction method, estimate the following. Record the dollar amounts, to the nearest dollar with no commas or dollar signs (e.g. 5623); 1. How much did the company spend on equipment during the year? 2. How much equipment depreciation expense was recorded for the year? 29