Computing Net Cash Flow from Investing Activities}

Deng Inc. reported the following information for equipment and investments:

In addition, Deng sold equipment costing \(\$ 12,500\) with accumulated depreciation of \(\$ 8,150\) for \(\$ 3,800\) cash, producing a \(\$ 550\) loss. Deng reported net income for 2018 of \(\$ 122,350\).
Required:
Compute net cash flow from investing activities.
\section*{Cornerstone Exercise

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12/31/2018 12/31/2017 Equipment $160,000 $115,000 Accumulated depreciation (85,000) (59,000) Long-term investment 18,610 10,000