The following accounts and corresponding balances were drawn from Delsey Company$$s Year $2$ and Year $1$ year$-$end balance sheets.

Account Title Year $2$ Year $1$

Investment securities $$102,000$ $$117,100$

Machinery $524,700425,800$

Land $141,40099,100$

Other information drawn from the accounting records:

Delsey incurred a $$1,410$ loss on the sale of investment securities during Year $2.$

Old machinery with a book value of $$4,840($cost of $$25,270$ minus accumulated depreciation of $$20,430)$ was sold. The income statement showed a gain on the sale of machinery of $$4,740.$

Delsey did not sell land during the year.

Exercise $12-10$A $($Algo$)$ Part b

b$.$ Compute the amount of cash flow associated with the purchase of machinery.