nWRer-&takeAssignmentSessionLocator assignment-take&inprogress false Calculator Cash Flows from Investing Activities During the year, Blaylock Company sold equipment with a book value of $280,000 for $380,000 (original purchase cost of $480,000). New equipment was purchased. sheets: Blaylock Company Comparative Balance Sheets At December 31, 2015 and 2016 2015 2016 Long-Term Assets Plant and equipment Accumulated depreciation Land 2,200,000 2,150,000 (1,200,000) (1,270,000) 1,000,000 1,437,500 Required: e the investing cash flows for the current year. Use a minus sign to indicate a cash outflow Accounting numeric field Foedback Check My Work See Comerstone 15-4 Previous Next Check My Work mail InstructorSave and Exit Submit Test All work saved