Question: CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 12-07 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Metlock, Inc. at the end of 2022
CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 12-07 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Metlock, Inc. at the end of 2022 are shown here. 20,900 Beg. bal. Acquisitions End. bal. Equipment 76,000 Disposals 39,5201 94,620 Accum. Depr.-Equipment 4,845 Beg. bal. Depr. exp. End. bal. Disposals 42,275 11,400 48,830 In addition, Metlock, Inc.'s income statement reported a loss on the disposal of plant assets of $3,325. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"? (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash flow from sale of equipment Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT CAVE FOR LATER SUBMIT
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