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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

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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. Other information drawn from the accounting records: 1. Delsey incurred a $1,360 loss on the sale of investment securities duting Year 2. 2. Old machinery with a book value of $5.120 (cost of $25.190 minus accumulated depreciation of $20070 ) was sold. The income statement showed a gain on the sale of machinery of $4,840 3. Delsey did not sell land during the year. Exercise 12-10A (Algo) Part d d. Compute the amount of cash flow associated with the purchase of land

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