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Cash flow from sale of equipment

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Reference no: EM13526547

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"?

Reference no: EM13526547

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