Part 1 of 7 10 points Skipped eBook Print Required information [The following information applies to the questions displayed below.] The following information was drawn from the year-end balance sheets of Mass Trading Company: Account Title Investment securities. Equipment Buildings Land Year 2 $ 35,200 231,000 Year 1 $ 28,600 215,000 850,500 93,000 944,500 54,000 The following is additional information regarding transactions that occurred during Year 2: 1. Investment securities that had cost $5,550 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $520. 2. Equipment with a cost of $40,500 was purchased. 3. The income statement showed a gain on the sale of equipment of $4,900. On the date of sale, accumulated depreciation on the equipment sold amounted to $8,700. 4. A building that had originally cost $175,500 was demolished. 5. Land that had cost $26,400 was sold for $20,500. References Required a. Determine the amount of cash flow for the purchase of investment securities during Year 2. Cash flow for the purchase of investment securities