e. Prepare the investing activities section of the statement of cash flows. (Cash outflows should be indicated with a minus sign.) Answer is complete but not entirely correct. DELSEY COMPANY Statement of Cash Flows (Investing Activities) For the Year Ended December 31, Year 2 Cash flows from investing activities: Proceeds from sale of investment securities Paid to purchase machinery Proceeds from sale of machinery Paid to purchase land S 500 (57,000) x 12,500 (60,000) Net cash flow from investing activities $ (104,000)