Exercise 14-10A (Algo) Determining cash flows from investing activities LO 14-3 The following accounts and corresponding balances were drawn from Rooney Company's Year 2 and Year 1 year-end balance sheets. Other information drawn from the accounting records: 1. Rooney incurred a \\( \\$ 1,050 \\) loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of \\( \\$ 5,010 \\) (cost of \\( \\$ 25,030 \\) minus accumulated depreciation of \\( \\$ 20,020 \\) ) was sold. The income statement showed a gain on the sale of machinery of \\( \\$ 4,610 \\). 3. Rooney did not sell land during the year. Required a. Compute the amount of cash flow associated with the sale of investment securities. b. Compute the amount of cash flow associated with the purchase of machinery. c. Compute the amount of cash flow associated with the sale of machinery. d. Compute the amount of cash flow associated with the purchase of land. e. Prepare the investing activities section of the statement of cash flows. Complete this question by entering your answers in the tabs below