The following information is for X Company for 2017: Equipment,...
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Accounting
The following information is for X Company for 2017:
| Equipment, January 1, 2017 | $11,370 |
| Equipment, December 31, 2017 | 13,592 |
| Purchases of equipment | 8,437 |
| Depreciation | 1,975 |
What was the cost of the equipment sold in 2017?
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