Determining Net Cash Flow from Investing Activities

Orlando Inc. reported the following information:

	Jan. 1		Dec. 31
Equipment	$32,000		$46,000
Accumulated depreciation	12,500		15,900
Investment (long-term)	50,000		38,000

In addition, Orlando sold equipment costing $24,100 with accumulated depreciation of $13,255 for $12,580. Orlando also reported a $1,800 gain on the sale of long-term investments.

Required:

Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows (outflows)