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Question 1 of 4 Current Attempt in Progress The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Sarasota Company at the end of 2022
Question 1 of 4 Current Attempt in Progress The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Sarasota Company at the end of 2022 are shown here. End.bal. Equipment Beg. bal. Acquisitions 42,400 76,400 Disposals 21,600 4 97,200 Accumulated Depreciation Equipment Disposals 5,500 Beg. bal. 45,800 Depr. exp. 14,300 End. bal. -/1 3 54,600 Cash flow from sale of equipment In addition, Sarasota's income statement reported a loss on the disposal of plant assets of $3,200. 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 eg.-15,000 or in parenthesis e.g. (15,000).) BOU
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