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The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Sheffield Corp. at the end of 2022 are shown here. 29,700 Beg. bal. Acquisitions End.
The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Sheffield Corp. at the end of 2022 are shown here. 29,700 Beg. bal. Acquisitions End. bal. Equipment 108,000 Disposals 56,160 134,460 Accum. Depr.-Equipment 6,885 Beg. bal. Depr. exp. End. bal. Disposals 60.075 16,200 69,390 In addition, Sheffield Corp's income statement reported a loss on the disposal of plant assets of $4,725. 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 - signe.g. -15,000 or in parenthesis eg. (15,000).) Cash flow from sale of equipment $
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