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On January 1, the balance in the Equipment account was $20,506; on December 31, the...

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Accounting

On January 1, the balance in the Equipment account was $20,506; on December 31, the balance was $15,389. The Income Statement reports Depreciation Expense of $1,849. During the year, $6,292 of equipment was sold.

What was the cost of the equipment purchased during the year?

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