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The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Luo Company at the end of 2014 are shown here. Equipment Beg. bal. 80,290 Disposals

The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Luo Company at the end of 2014 are shown here.

Equipment
Beg. bal. 80,290 Disposals 22,070
Acquisitions 39,580
End. bal. 97,800
Accumulated DepreciationEquipment
Disposals 5,690 Beg. bal. 47,590
Depr. exp. 11,890
End. bal. 53,790

In addition, Luo Companys income statement reported a loss on the disposal of equipment of $5,570. What amount was reported on the statement of cash flows as cash flow from sale of equipment?

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