Equipment transaction and cash flow reporting

The property, plant, and equipment section of ProComp Inc.'s comparative balance sheet follows:

	Dec. 31, 20X4	Dec. 31, 20X3
Property, plant, & equipment
Land	$ 94,000	$ 94,000
Equipment	652,000	527,000
Less: Accumulated depreciation	(316,000)	(341,000)

New equipment purchased during 20X4 totaled $295,000. The 20X4 income statement disclosed equipment depreciation expense of $43,000 and a $9,000 loss on the sale of equipment.

Determine the cost and accumulated depreciation of the equipment sold during 20X4.

Determine the selling price of the equipment sold.

Show how the sale of equipment would appear on a statement of cash flows prepared by using the indirect method.

Must provide the following:

Cost of equipment sold ____

Accumulated depreciation of sold equipment ____

Selling price of equipment sold ____

Sale of equipment on cash flow statement ____