Exercise 12-10A 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: Account Title Investment securities Machinery Land Year 2 $101,400 524,400 144,900 Year 1 $115,600 425,700 100.500 Other information drawn from the accounting records: 1. Delsey incurred a $1,480 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $4,140 (cost of $25,210 minus accumulated depreciation of $21.070) was sold. The income statement showed a gain on the sale of machinery of $4,520. 3. Delsey did not sell land during the year. Exercise 12-10A Parte e. Prepare the investing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) Exercise 12-10A Parte e. Prepare the investing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) DELSEY COMPANY Statement of Cash Flows (Investing Activities) For the Year Ended December 31, Year 2 Cash flows from investing activities: Net cash outflow from investing activities