The T-accounts for Equipment and the related Accumulated Depreciation - Equipment for Sheffield Corp. at the end of 2022 are shown here. In addition, Sheffield Corps income statement reported a loss on disposal of plant assets of 4,725. What amount was reported on the statement of cash flows as cash flow from sale of equipment?

Equipment

Beg bal. 108,000 (debit)

Acqusitions 56,160 (debit)

Disposals - 29, 700 (credit side)

End Balance 134,460 (debit side)

Accum. Depre- Equipment

Disposals - 6,885 (debit side)

Beg bal- 60,075 (credit side)

Depr. exp. - 16,200 (credit side)

End bal. 69, 390 (credit side)