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Briel Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: 12/31/2019 12/31/2018 $46,000 Furniture Accumulated depreciation Investment (long-term)

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Briel Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: 12/31/2019 12/31/2018 $46,000 Furniture Accumulated depreciation Investment (long-term) $32,000 12.500 15,900 38,000 50.000 In addition, Orlando sold furniture costing $12,500 with accumulated depreciation of $9,375 for $3,630 Ortando also reported a $1,500 gain on the sale of long-term investments Required: Compute met cash flow from investing activities. Use a minus sign to indicate negative cash flows (outflows)

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