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###### Brief Exercise 12-7 Your answer is incorrect. Try again. The T-accounts for Equipment and the related...

Brief Exercise 12-7 Your answer is incorrect. Try again. The T-accounts for Equipment and the related Accumulated Depreciation—Equipment for Blue Spruce Corp. at the end of 2017 are shown here. Equipment Beg. bal. 104,880 Disposals 28,842 Acquisitions 54,538 End. bal. 130,576 Accum. Depr.—Equipment Disposals 6,686 Beg. bal. 58,340 Depr. exp. 15,732 End. bal. 67,386 In addition, Blue Spruce Corp.’s income statement reported a loss on the disposal of plant assets of $4,589. 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 $

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