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The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Luo Company at the end of 2017 are shown here. Equipment Beg. bal. 77,300 Disposals

The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Luo Company at the end of 2017 are shown here.

Equipment

Beg. bal.

77,300

Disposals

20,400

Acquisitions

42,000

End. bal.

98,900

Accumulated DepreciationEquipment

Disposals

8,000

Beg. bal.

43,500

Depr. exp.

10,600

End. bal.

46,100

In addition, Luo Companys income statement reported a loss on the disposal of equipment of $6,000. What amount was reported on the statement of cash flows as cash flow from sale of equipment?

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