compute net cash flow

Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following Information: Furniture Accumulated depreciation Investment (long-term) 12/31/2019 $46,000 15,900 38,000 12/31/2018 $32,000 12,500 50,000 In addition, Orlando sold furniture costing $10,100 with accumulated depreciation of $6,060 for $4,690. Orlando also reported a $1,200 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 (outflows). Feedback Check My Work Set up T-accounts to determine activity in the furniture account, Recreate the journal entry to determine the cash flow relato