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Exercise 1 2 - 1 0 A ( Algo ) Determining cash flows from investing activities LO 1 2 - 3 [ The following information

Exercise 12-10A (Algo) Determining cash flows from investing activities LO 12-3
[The following information applies to the questions displayed below.]
The following accounts and corresponding balances were drawn from Delsey Company's Year 2 and Year 1 year-end
balance sheets:
Other information drawn from the accounting records:
Delsey incurred a $1,090 loss on the sale of investment securities during Year 2.
Old machinery with a book value of $4,370(cost of $25,050 minus accumulated depreciation of $20,680) was sold.
The income statement showed a gain on the sale of machinery of $4,740.
Delsey did not sell land during the year.
Exercise 12-10A (Algo) Part e
e. Prepare the investing activities section of the statement of cash flows.
Note: Amounts to be deducted should be indicated with a minus sign.
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