Required information Exercise 12-10A (Algo) Determining cash flows from investing activities LO 12-3 [The following information applies to the questions displayed below.] The following accounts and corresponding balances were drawn from Delsey Company's Year 2 and Year 1 year-end balance sheets. Account Title Investment securities Machinery Land Exercise 12-10A (Algo) Part a Year 2 $104, 200 526,500 141,900 Other information drawn from the accounting records: 1. Delsey incurred a $1,110 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $4,480 (cost of $25,020 minus accumulated depreciation of $20,540) was sold. The income statement showed a gain on the sale of machinery of $4,130. 3. Delsey did not sell land during the year. Amount of cash flow Year 1 $115,700 426,700 96,800 Required a. Compute the amount of cash flow associated with the sale of investment securities.

Required information Exercise 12-10A (Algo) Determining cash flows from investing activities LO 12.3 Whe following information applies to the questions displayed below] The following accounts and corresponding balances were drawn from Delsey Company's Year 2 and Year 1 year-end balance sheets Other information drawn from the accounting records: 1. Delsey incurred a $1.110 loss on the sale of investment securities during Year 2 2. Old machinery with a book value of $4,480 (cost of $25,020 minus accumulated depreciation of $20,540 ) was sold The income statement showed a gain on the sale of machinery of $4,130. 3. Delsey did not sell land during the year Exercise 12-10A (Algo) Part a Required a. Compute the amount of cash flow associated with the sale of investment securities