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Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Tamarisk, Inc. at the end of 2017 are shown here. Beg. bal.
Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Tamarisk, Inc. at the end of 2017 are shown here. Beg. bal. Acquisitions End. bal Equipment 100,960 Disposals 52,499 125,695 27,764 Accum. Depr.-Equipment 6,436 Beg. 56,159 15,144 64,867 Disposals bal. Depr. exp End. bal In addition, Tamarisk, Inc.'s income statement reported a loss on the disposal of plant assets of $4,417. 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. (15,00o).) Cash flow from sale of equipment
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