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The T accounts for equipment and the related accumulated depreciation for Carla Vista Corporation are as follows: Equipment Accumulated Depreciation-Equipment Beg. bal. 80,000 Beg. bal.
The T accounts for equipment and the related accumulated depreciation for Carla Vista Corporation are as follows: Equipment Accumulated Depreciation-Equipment Beg. bal. 80,000 Beg. bal. 44,500 Purchases 23,340 41,600 Disposals 11,630 Disposals 5,210 Depreciation 50,920 End. bal. 98,260 End. bal. In addition, Carla Vista's income statement reported a loss on the sale of equipment of $1,900. What will be reported on the cash flow statement with regard to the sale of equipment if Carla Vista uses the indirect method? (Show amounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e.g. (15,000).) Operating activities: $ Investing activities: $
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