Davis Inc. reported the following information:
________________________ 12/31/2019 __________ 12/31/2018
Equipment ....................... $ 220,000 .................. $155,000
Accumulated depreciation .... (135,000) .................... 115,200
Investment (long-term) ......... 20,200 ....................... 12,000
In addition, Davis sold equipment costing $22,900 with accumulated depreciation of $18,150 for $3,500 cash, producing a $1,250 loss. Davis reported net income for 2019 of $122,350.
Required:
Compute net cash flow from investing activities?