Required information Exercise 12-10A 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 Year 2 Year 1 $103,000 $115,400 525,400 426,400 145,700 96,200 Other information drawn from the accounting records: 1. Delsey incurred a $1,450 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $5,080 (cost of $25,270 minus accumulated depreciation of $20,190) was sold. The income statement showed a gain on the sale of machinery of $4,650. 3. Delsey did not sell land during the year. Exercise 12-10A Part e e. Prepare the investing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) Exercise 12-10A Part e e. Prepare the investing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) DELSEY COMPANY Statement of Cash Flows (Investing Activities) For the Year Ended December 31, Year 2 Cash flows from investing activities: Net cash outflow from investing activities $ 0 Required information Exercise 12-10A 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 Year 2 Year 1 $103,000 $115,400 525,400 426,400 145,700 96,200 Other information drawn from the accounting records: 1. Delsey incurred a $1,450 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $5,080 (cost of $25,270 minus accumulated depreciation of $20,190) was sold. The income statement showed a gain on the sale of machinery of $4,650. 3. Delsey did not sell land during the year. Exercise 12-10A Part c c. Compute the amount of cash flow associated with the sale of machinery. Amount of cash flow