Uno Company sold office equipment with a cost of $$38,070$ and accumulated depreciation of $$34,379$ for $$5,350.$

Required

What is the book value of the asset at the time of sale?

What is the amount of gain or loss on the disposal?

Note: Loss amount should be indicated with a minus sign.

How would the sale affect net income $($increase$,$ decrease, no effect$)$ and by how much?

How would the sale affect the amount of total assets shown on the balance sheet $($increase$,$ decrease, no effect$)$ and by how much?

How would the event affect the statement of cash flows $($inflow$,$ outflow, no effect$)$ and in what section?