Question: Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc, reported the following information: 12/31/2019 $46,000 12/31/2018 $32,000 Furniture 15,900 12,500 Accumulated

 Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities

Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc, reported the following information: 12/31/2019 $46,000 12/31/2018 $32,000 Furniture 15,900 12,500 Accumulated depreciation Investment (long-term) 38,000 50,000 In addition Orlando sold furniture costing $14,900 with accumulated depreciation of $8,195 for $7,780, Ortando also reported a $1,100 gain on the sale of long-term investments Required: Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows (outrows)

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