Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information:

In addition, Orlando sold furniture costing \(\$ 8,000\) with accumulated depreciation of \(\$ 5,000\) for \(\$ 3,500\). Orlando also reported a \(\$ 3,000\) gain on the sale of long-term investments.
\section*{Required:}
Compute net cash flow from investing activities.
\section*{OBJECTIVE 6 Brief Exercise

Transcribed Image Text:

12/31/2018 12/31/2017 Furniture $46,000 $32.000 Accumulated depreciation 15,900 12.500 Investment (long-term) 38,000 50,000