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The following information was drawn from the year - end balance sheets of Mass Trading Company. Account Title Year 2 Year 1 Investment securities $

The following information was drawn from the year-end balance sheets of Mass Trading Company.
Account Title Year 2 Year 1
Investment securities $ 34,800 $ 28,200
Equipment 216,500218,500
Buildings 859,000955,500
Land 91,00066,500
Additional information regarding transactions occurring during Year 2:
1. Investment securities that had cost $5,190 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $600.
2. Equipment with a cost of $42,500 was purchased.
3. The income statement showed a gain on the sale of equipment of $4,800. On the date of sale, accumulated depreciation on the equipment sold amounted to $7,300.
4. A building that had originally cost $173,000 was demolished.
5. Land that had cost $26,800 was sold for $20,600.
f. Determine the amount of cash flow for the purchase of land during Year 2.

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