Instructions: Calculate the cash flow from investing. Answer in whole dollars and use a negative sign "-" for cash outflows.

The income statement for Kosinski Manufacturing Company contains the following condensed information. KOSINSKI MANUFACTURING COMPANY Income Statement For the Year Ended December 31, 2016 Sales revenue Operating expenses, excluding depreciation Depreciation expense Income before income taxes Income tax expense Net income $6,583,000 $4,920,000 880,000 5,800,000 783,000 353,000 430,000 Included in operating expenses is a $25388 loss resulting from the sale of machinery for $298290 cash. Machinery was purchased at a cost of $764135. The following balances are reported on Kosinski's comparative balance sheet at December 31 2016 2015 Accounts receivable Inventory Accounts payable 771942 834292 528100 645086 890667 516037 Income tax expense of $353,000 represents the amount paid in 2016. Dividends declared and paid in 2016 totaled $200681. There were no new borrowings but $157609 of existing debt was paid off. No stock transactions were recorded in 2016