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The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Novak Corp. at the end of 2017 are shown here. Equipment Beg. bal. 131,520
The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Novak Corp. at the end of 2017 are shown here. Equipment Beg. bal. 131,520 Disposals 36,168 Acquisitions 68,390 163,742 End. bal. Accum. Depr.-Equipment Disposals 8,384 Beg. bal. 73,158 Depr. exp. 19,728 End. bal. 84,502 In addition, Novak Corp.'s income statement reported a loss on the disposal of plant assets of $5,754. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"? (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash flow from sale of equipment $
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