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BE13.7 (LO 2), AN The T-accounts for Equipment and the related Accumulated Depreciation-Equip- ment for Luo Company at the end of 2020 are shown here.

BE13.7 (LO 2), AN The T-accounts for Equipment and the related Accumulated Depreciation-Equip- ment for Luo Company at the end of 2020 are shown here. Accumulated Depreciation-Equipment Equipment 80,000 Disposals 22,000 Disposals 41,600 End. bal. 99.600 Beg. bal. Acquisitions 5,500 Beg. bal. 44,500 Depr. exp. 12,000 End. bal. 51,000 In addition, Luo's income statement reported a loss on the disposal of plant assets of $6,500. What amount was reported on the statement of cash flows as "cash flow from sale of equipment

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