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Brief Exercise 17-07 The T-accounts for Equipment and the related Acoumulated Depreciation-Equipment for Luo Company at the end of 2020 are shown here Beg bal
Brief Exercise 17-07 The T-accounts for Equipment and the related Acoumulated Depreciation-Equipment for Luo Company at the end of 2020 are shown here Beg bal Acquisitions End. bal. Equipment 82,400 Disposals 6,500 96,200 22,700 Accumulated Depreclation-Equipment Disposals 8,500 Beg bal 46,800 13,000 1,300 exp. nd. bal in addtion, Luo's income statement reported a loss on the disposal of plant assets of $6,100. What amount was reported on the (Show amount that decrease cash flow with either a-sign e.g -15,000 or in parenthesis e.g. statement of cash fows as "cash fnow from sale of eqipment? Cash fiow from sale of equipments
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