Determining Net Cash Flow from Investing Activities

Orlando Inc. reported the following information:

Jan. 1

Dec. 31

Equipment

$32,000

$46,000

Accumulated depreciation

12,500

15,900

Investment (long-term)

50,000

38,000

In addition, Orlando sold equipment costing $15,400 with accumulated depreciation of $10,010 for $6,250. Orlando also reported a $1,000 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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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 15,900 50,000 38,000 In addition, Orlando sold equipment costing $15,400 with accumulated depreciation of $10,010 for $6,250. Orlando also reported a $1,000 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). X 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 15,900 50,000 38,000 In addition, Orlando sold equipment costing $15,400 with accumulated depreciation of $10,010 for $6,250. Orlando also reported a $1,000 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). X