Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: Equipment Accumulated depreciation...
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Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: Equipment Accumulated depreciation Investment (long-term) Jan. 1 Dec. 31 $32,000 $46,000 12.500 50,000 15,900 38.000 In addition, Orlando sold equipment costing $25.600 with accumulated depreciation of $15,260 for $11.800. Orlando also reported a $1,500 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). Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: Equipment Accumulated depreciation Investment (long-term) Jan. 1 Dec. 31 $32,000 $46,000 12.500 50,000 15,900 38.000 In addition, Orlando sold equipment costing $25.600 with accumulated depreciation of $15,260 for $11.800. Orlando also reported a $1,500 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).
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