During two recent years, Perez Construction, Incorporated, disposed of the following plant and equipment: Year 1 Plant and equipment (at cost) $ 75,700 Year 2 $ 14,900 Accumulated depreciation on equipment disposed of 41,785 4,473 Cash received Gain (loss) on sale 19,264 (14,651) 13,563 3,136 Required: 1. Determine the cash flow from the sale of property for each year that would be reported in the investing activities section of the cash flow statement. Note: List cash outflows as negative amounts. PEREZ CONSTRUCTION, INCORPORATED Cash flows from investing activities Year 1 Year 2