The Following Two Scenarios Are Independent of One Another $\$ 39,600$

The following two scenarios are independent of one another. (a) An analysis of the general ledger accounts indicates that office equipment was sold for $\$ 39,600$ during the year. The equipment originally cost $\$ 68,000$ and had accumulated depreciation of $\$ 22,500$ on the date of sale. Indicate how the elements of this transaction would be reported on the statement of cash flows using the indirect method.
(b) An analysis of the general ledger accounts indicates that delivery equipment, which cost $\$ 97,000$ and on which accumulated depreciation totaled $\$ 42,100$ on the date of sale, was sold for $\$ 57,500$ during the year. Using this information, indicate the items to be reported on the statement of cash flows.