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The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Sheridan Company at the end of 2017 are shown here. Equipment Beg. bal. 174,000 Disposals

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

Equipment

Beg. bal.

174,000

Disposals

47,850

Acquisitions

90,480

End. bal.

216,630

Accum. Depr.Equipment

Disposals

11,093

Beg. bal.

96,788

Depr. exp.

26,100

End. bal.

111,795

In addition, Sheridan Companys income statement reported a loss on the disposal of plant assets of $7,613. 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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