(Answered) The t accounts for equipment and the related accumulated

Accounting

The T accounts for Equipment and the related Accumulated Depreciation for Anastacia Company at the end of 2012 are shown here.

Equipment				Accumulated Depreciation
Beg. bal.	80,000	Disposals	22,000	Disposals	5,100	Beg. bal.	44,500
Acquisitions	41,600					Depr. exp.	12,000
End. bal.	99,600					End. bal.	51,400

In addition, Anastacia Company"s income statement reported a loss on the sale of equipment of $3,500. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"?

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