Brief Exercise 17-07

The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Luo Company at the end of 2020 are shown here.

Equipment

Beg. bal.84,500

Disposals20,700

Acquisitions39,500

End. bal.103,300

Accumulated DepreciationEquipment

Disposals9,000

Beg. bal.43,800

Depr. exp.13,900

End. bal.48,700

In addition, Luo's income statement reported a loss on the disposal of plant assets of $6,100. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"?(Show amount 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$