Problem
The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Sunland Company at the end of 2017 are shown here.
Equipment Beg. bal. 142,400 Disposals 39,160 Acquisitions 74,048 End. bal. 177,288 Accum. Depr.-Equipment Disposals 9,078 Beg. bal. 79,210 Depr. exp. 21,360 End. bal. 91,492 In addition, Sunland Company's income statement reported a loss on the disposal of plant assets of $6,230.
What amount was reported on the statement of cash flows as "cash flow from sale of equipment"?