Use the following information to answer the next 2 questions During the year the equipment account increased from $1,321,000 to $1,419,000 for an increase of $98,000. . The related accumulated depreciation account increased from $450,000 to $520,000 for an increase of $70,000. .The income statement reports a gain on disposal of equipment of $2,900. . During the year, a piece of equipment that originally cost $100,000 was sold for cash. The equipment was 60% depreciated at the time of the sale. How much should be reported on the cash flow statement for purchase of equipment? O a. 0 O b. 28,000 O c. 98,000 O d. 198,000 How much should be reported on the cash flow statement for sale of equipment? O a. 0 O b. 42,900 O c. 100,000 O d. 102,900