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Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation Equipment for Coronado Company at the end of 2017 are shown here. 50,358
Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation Equipment for Coronado Company at the end of 2017 are shown here. 50,358 Beg. bal. Acquisitions End. bal. Equipment 183,120 Disposals 95,222 227,9841 Accum. Depr.-Equipment 11,674 Beg. bal. Depr. exp. End. bal. Disposals 101,861 27,468 117,655 In addition, Coronado Company's income statement reported a loss on the disposal of plant assets of $8,012. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"? (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Cash flow from sale of equipment Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used
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