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 $104,700 $115,400 425,500 90,600 521,000 141,200 Other information drawn from the accounting records 1. Delsey incurred a $1,050 loss on the sale of investment securites during Year 2 2. Old machinery with a book value of $4,010 (cost of $25,460 minus accumulated depreciation of $21,450) was sold. The income statement showed a gain on the sale of machinery of $4,100 3. Delsey did not sell land during the year Exercise 12-10A Part d d. Compute the amount of cash flow associated with the purchase of land. Cost of land purchased