At January 1, 2020, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purchased equipment with a cost of $60,000 and sold equipment with a book value of $30,000. The company reported a loss on the sale of equipment of $4,000. Assume the indirect method is used Determine what amount will be reported in the operating activities section Operating Activities $ e Textbook and Media Determine what amount will be reported in the investing activities section with regard to the purchase and sale of equipment Purchase of Equipment $ Sale of Equipment $ Hogan Enterprises reported cash flow from operations of $275,000. The company made capital expenditures of $110,000 and paid dividends of $35,000 Compute free cash flow. Free cash flow