The T accounts for equipment and the related accumulated depreciation for Sheridan Corporation are as follows: Equipment Beg. bal. 88,000 Purchases 45,760 Disposals 26,400 End. bal. 107,360 Accumulated Depreciation-Equipment Beg. bal. 49,000 Disposals 6,050 Depreciation 13,200 End. bal. 56,150 In addition, Sheridan's income statement reported a loss on the sale of equipment of $1,650. What will be reported on the cash flow statement with regard to the sale of equipment if Sheridan uses the indirect method?

Operating activities: $ Investing activities: $