Question: The T-accounts for Equipment and the related Accumulated Depreciation- Equipment for Goldstone Company at the end of 2017 are shown here.
![2169_EA.png](https://secure.tutorsglobe.com/CMSImages/2169_EA.png)
In addition, Goldstone's income statement reported a loss on the disposal of plant assets of $3,500. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"?