IW-Chapter-12 6 4 Required information [The following information applies to the questions displayed below] Pert 3 of S The following accounts and corresponding balances were drawn from Delsey Company's 2017 and 2016 year-end balance sheets oints coun Investment 110,00 $ 116,500 securities oBook Machinery Land 486,000 437000 160,000 100,000 Hint Print Other information drawn from the accounting records: Roferences 1. Delsey incurred a $6.000 loss on the sale of investment securities during 2017 2. Old machinery with a book value of $8,000 (cost of $36.000 minus accumulated depreciation of $28.000) was sold. The income statement showed a gain on the sale of machinery of $4.500 3. Delsey did not sell land during the year c. Compute the amount of cash flow associated with the sale of machinery of cash low