During the year ended December 31, 2023, Topp Company sold equipment for $47,200 cash. The equipment was originally purchased for $148,000 and, at the date of sale, accumulated depreciation on the equipment was $94,000. Using the indirect method, what is the amount loss Topp should report in the operating section of its statement of cash flows for the year ended December 31, 2023?

$4,720.

$21,500.

$18,300.

$68,700.

$6,800.