Disposals POLM the 1 sccounts for equigment and accuctalated depreciation for thompson it dice shown here. In addion, Thompien'is tatement of income reported the followint amount. coss on disposal of equipment 5,1,500 Hequired: Provide input into cells shaded is vellow in this thanplate, Uer mathematical formulas with cell references to the Problem ansa and work area as indicated. a. What amoun was reported on the statement of cash flows as "cavh provibeit by disposal of equipment"? IEnti Prepare the foumal entry to detimine the eflects of the sale: i. In what section of the statemert of cash tlowi would the effectiv of this disposal trassaction be reported? Reperted at an ocerating activity In addition, Thempson's statement of inconve reported the fallowint amount. 6. In what section of the statement of cash flows would the effects af this disposal transaction be reported? toss on desposat of nquipment \$. 1,500 Reported as m operating activity