Sanchez Company sold some excess equipment at a loss during the current year. The following information was collected from the companys accounting records:

From the Statement of Earnings
Depreciation expense	$	1,500
Loss on sale of equipment		2,300
From the Statement of Financial Position
Beginning equipment		82,500
Ending equipment		72,000
Beginning accumulated depreciation		43,000
Ending accumulated depreciation		41,000

No new equipment was bought during the period.

Required:

1. For the equipment that was sold, determine its original cost, its accumulated depreciation, and the cash received from the sale. (Use the equipment and accumulated depreciation T-accounts to infer the carrying amount of the equipment sold.)

2. Sanchez Company uses the indirect method for the Operating Activities section of the statement of cash flows. What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Operating Activities? (Input the amount as positive value.)

3. What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Investing Activities? (Input the amount as positive value.)