The T-accounts for Equipment and the related Accumulated DepreciationEquip. for Coldsmith Company at the end...
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Accounting
The T-accounts for Equipment and the related Accumulated DepreciationEquip. for Coldsmith Company at the end of 2014 are shown here.
| Equipment | |||
| Beg. bal. | 101,920 | Disposals | 28,028 |
| Acquisitions | 52,998 | ||
| End. bal. | 126,890 | ||
| Accum. Depr.Equip. | |||
| Disposals | 6,497 | Beg. bal. | 56,693 |
| Depr. exp. | 15,288 | ||
| End. bal. | 65,484 | ||
In addition, Coldsmith Companys income statement reported a loss on the disposal of plant assets of $4,459. What amount was reported on the statement of cash flows as cash flow from sale of equipment?
| Cash flow from sale of equipment | $
|
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