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The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Sheridan Company at the end of 2022 are shown here. Equipment Beg. bal. 68,000 Disposals

The T-accounts for Equipment and the related Accumulated DepreciationEquipment for Sheridan Company at the end of 2022 are shown here.

Equipment

Beg. bal.

68,000

Disposals

18,700

Acquisitions

35,360

End. bal.

84,660

Accum. Depr.Equipment

Disposals

4,335

Beg. bal.

37,825

Depr. exp.

10,200

End. bal.

43,690

In addition, Sheridan Companys income statement reported a loss on the disposal of plant assets of $2,975. 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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