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The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Marigold Corp. at the end of 2022 are shown here. Beg. bal. Acquisitions End.
The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Marigold Corp. at the end of 2022 are shown here. Beg. bal. Acquisitions End. bal. Disposals Equipment 48,000 Disposals 13,200 24,960 59,760 Accum. Depr.-Equipment 3,060 Beg. bal. 26,700 Depr. exp. End. bal. 7,200 30,840 In addition, Marigold Corp.'s income statement reported a loss on the disposal of plant assets of $2,100. 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 $ 6800
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