The accounts below appear in the ledger of Anita Baker Company.
Retained Earnings
Dr.
Cr.
Bal.
Jan. 1, 2014 Credit Balance $42,510
Aug. 15 Dividends (cash) $15,810 26,700
Dec. 31 Net Income for 2014 $49,220 75,920
Equipment
Dr.
Cr.
Bal.
Jan. 1, 2014 Debit Balance $139,910
Aug. 3 Purchase of Equipment $62,510 202,420
Sept. 10 Cost of Equipment Constructed 47,490 249,910
Nov. 15 Equipment Sold $66,190 183,720
Accumulated Depreciation-Equipment
Dr.
Cr.
Bal.
Jan. 1, 2014 Credit Balance $83,420
Apr. 8 Extraordinary Repairs $20,080 63,340
Nov. 15 Accum. Depreciation on Equipment Sold 25,670 37,670
Dec. 31 Depreciation for 2014 $16,070 53,740
From the postings in the accounts above, indicate how the information is reported on a statement of cash flows by preparing a partial statement of cash flows using the indirect method. The loss on sale of equipment (November 15) was $5,410. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)