The following information was drawn from the year-end balance sheets of Gibson Trading Company: Account Title Year 2 Year 1 Investment securities $ 36,300 $ 29,500 Equipment 225,000 206,000 Buildings 854,000 947,500 Land 83,000 51,000 Additional information regarding transactions occurring during Year 2: Investment securities that had cost $5,610 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $580. Equipment with a cost of $56,500 was purchased. The income statement showed a gain on the sale of equipment of $5,200. On the date of sale, accumulated depreciation on the equipment sold amounted to $10,000. A building that had originally cost $172,000 was demolished. Land that had cost $25,300 was sold for $20,500. Required Determine the amount of cash flow for the purchase of investment securities during Year 2. Determine the amount of cash flow from the sale of investment securities during Year 2. Determine the cost of the equipment that was sold during Year 2. Determine the amount of cash flow from the sale of equipment during Year 2. Determine the amount of cash flow for the purchase of buildings during Year 2. Determine the amount of cash flow for the purchase of land during Year 2. Prepare the investing activities section of the Year 2 statement of cash flows.

2. Equipment with a cost of $56,500 was purchased. 3. The income statement showed a gain on the sale of equipment of $5,200. On the date of sale, accumulated depreciation o equipment sold amounted to $10,000. 4. A building that had originally cost $172,000 was demolished. 5. Land that had cost $25,300 was sold for $20,500. Required a. Determine the amount of cash flow for the purchase of investment securities during Year 2. b. Determine the amount of cash flow from the sale of investment securities during Year 2. c. Determine the cost of the equipment that was sold during Year 2. d. Determine the amount of cash flow from the sale of equipment during Year 2. e. Determine the amount of cash flow for the purchase of buildings during Year 2. f. Determine the amount of cash flow for the purchase of land during Year 2. g. Prepare the investing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. Req A to F Req G Determine the amount of cash flow for the purchase of investment, sale of investment, cost of the equipment that was sold, sale of equipment, purchase of buildings and purchase of land during Year 2. a. Cash flow for the purchase of investment securities b. Cash flow from the sale of investment securities c. Cost of the equipment sold d. Cash flow from the sale of equipment e. Cash flow for the purchase of buildings f. Cash flow for the purchase of land g. Prepare the investing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. Req A to F Req G Prepare the investing activities section of the Year 2 statement of cash flows. (Cash outflows should be indicated with minus sign.) GIBSON TRADING COMPANY Statement of Cash Flows (Investing Activities) For the Year Ended December 31, Year 2 Cash Flows from Investing Activities: Net cash flow from investing activities