The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Martinez Company at the end of...

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The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Martinez Company at the end of 2022 are shown here. Equipment Beg. bal. 80,000 Disposals 22,900 Acquisitions 41,300 End. bal. 98,400 Accumulated Depreciation-Equipment Disposals 5,100 Beg. bal. 48,800 Depr. exp. 14,800 End. bal. 58,500 In addition, Martinez's income statement reported a loss on the disposal of plant assets of $3,200. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"? (Show amount 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 $ The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Martinez Company at the end of 2022 are shown here. Equipment Beg. bal. 80,000 Disposals 22,900 Acquisitions 41,300 End. bal. 98,400 Accumulated Depreciation-Equipment Disposals 5,100 Beg. bal. 48,800 Depr. exp. 14,800 End. bal. 58,500 In addition, Martinez's income statement reported a loss on the disposal of plant assets of $3,200. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"? (Show amount 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 $

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solution Disposed Depreciation written D... View the full answer