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The T-accounts for Equipment and the related Accumulated DepreciationEquip. for Coldsmith Company at the end of 2014 are shown here. Equipment Beg. bal. 236,480 Disposals
The T-accounts for Equipment and the related Accumulated DepreciationEquip. for Coldsmith Company at the end of 2014 are shown here.
Equipment | |||
Beg. bal. | 236,480 | Disposals | 65,032 |
Acquisitions | 122,970 | ||
End. bal. | 294,418 | ||
Accum. Depr.Equip. | |||
Disposals | 15,076 | Beg. bal. | 131,542 |
Depr. exp. | 35,472 | ||
| End. bal. | 151,938 |
In addition, Coldsmith Companys income statement reported a loss on the disposal of plant assets of $10,346. What amount was reported on the statement of cash flows as cash flow from sale of equipment?
Cash flow from the sale of equipment equals?
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