The following information pertains to Luo Company at the end of 2014 for the following...
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Accounting
The following information pertains to Luo Company at the end of 2014 for the following accounts: Equipment and Accumulated Depreciation-Equipment. In addition Luo Company's Income Statement reported a gain on disposal of Equipment of $9,000. What amount was reported on Statement of Cash Flows as "cash flow from sale of equipment? Show the calculation
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The following information pertains to Luo Company at the end of 2014 for the following accounts: Equipment and Accumulated Depreciation-Equipment. In addition Luo Company's Income Statement reported a gain on disposal of Equipment of $9,000. What amount was reported on Statement of Cash Flows as "cash flow from sale of equipment? Show the calculation 
