Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Exercise 58

Reporting changes in equipment on statement of cash flows
An analysis of the general ledger accounts indicates that delivery equipment, which cost $80,000 and on which accumulated depreciation totaled $36,000 on the date of sale, was sold for $37,200 during the year. Using this information, indicate the items to be reported on the statement of cash flows.