(Solution) - The T accounts for Equipment and the related Accumulated -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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The T accounts for Equipment and the related Accumulated Depreciation for
Anastacia Company at the end of 2012 are shown here.


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??