Halbur Company Reported the Following for Its Recent Year of Operation

Halbur Company reported the following for its recent year of operation: $$\begin{array}{l}\text { From the income statement: }\\\begin{array} { l r } \text { Depreciation expense } & \$ 1,000 \\\text { Loss on sale of equipment } & 3,000 \\\text { From the comparative balance sheet: } & \\\text { Beginning balance, equipment } & \$ 12,500 \\\text { Ending balance, equipment } & 8,000 \\\text { Beginning balance, accumulated depreciation } & 2,000 \\\text { Ending balance, accumulated depreciation } & 2,400\end{array}\end{array}$$ No new equipment was purchased during the year.What was the selling price of the equipment?

A) $3,900
B) $1,000
C) $900
D) $600