the equipment and the accumulated depreciation accounts began the year with balances of $60000 and $18700, respectively. During the year, $23,500 of equipment was budgeted for purchase for cash, equipment costing $6,100 with accumulated depreciation of $4,500 was expected to be sold for $2,000, and budgeted depreciation expense was $3,000. How much is reported on the budgeted balance sheet for equipment and accumulated depreciation?