Exercise $12-10$A $($Algo$)$ Determining cash flows from investing activities LO $12-3$

$[$The following information applies to the questions displayed below.$]$

The following accounts and corresponding balances were drawn from Delsey Company's Year $2$ and Year $1$ year$-$end

balance sheets:

Other information drawn from the accounting records:

Delsey incurred a $$1,140$ loss on the sale of investment securities during Year $2.$

Old machinery with a book value of $$5,010($cost of $$25,230$ minus accumulated depreciation of $$20,220)$ was sold.

The income statement showed a gain on the sale of machinery of $$4,590.$

Delsey did not sell land during the year.

Exercise $12-10$A $($Algo$)$ Part b

b$.$ Compute the amount of cash flow associated with the purchase of machinery. Required information

Exercise $12-10$A $($Algo$)$ Determining cash flows from investing activities LO $12-3$

$[$The following information applies to the questions displayed below.$]$

The following accounts and corresponding balances were drawn from Delsey Company's Year $2$ and Year $1$ year$-$end

balance sheets:

Other information drawn from the accounting records:

Delsey incurred a $$1,140$ loss on the sale of investment securities during Year $2.$

Old machinery with a book value of $$5,010($cost of $$25,230$ minus accumulated depreciation of $$20,220)$ was sold.

The income statement showed a gain on the sale of machinery of $$4,590.$

Delsey did not sell land during the year.

Exercise $12-10$A $($Algo$)$ Part c

c$.$ Compute the amount of cash flow associated with the sale of machinery. Required information

Exercise $12-10$A $($Algo$)$ Determining cash flows from investing activities LO $12-3$

$[$The following information applies to the questions displayed below.$]$

The following accounts and corresponding balances were drawn from Delsey Company's Year $2$ and Year $1$ year$-$end

balance sheets:

Other information drawn from the accounting records:

Delsey incurred a $$1,140$ loss on the sale of investment securities during Year $2.$

Old machinery with a book value of $$5,010($cost of $$25,230$ minus accumulated depreciation of $$20,220)$ was sold.

The income statement showed a gain on the sale of machinery of $$4,590.$

Delsey did not sell land during the year.

Exercise $12-10$A $($Algo$)$ Part d

d$.$ Compute the amount of cash flow associated with the purchase of land. Other information drawn from the accounting records:

Delsey incurred a $$1,140$ loss on the sale of investment securities during Year $2.$

Old machinery with a book value of $$5,010($cost of $$25,230$ minus accumulated depreciation of $$20,220)$ was sold.

The income statement showed a gain on the sale of machinery of $$4,590.$

Delsey did not sell land during the year.

Exercise $12-10$A $($Algo$)$ Part e

e$.$ Prepare the investing activities section of the statement of cash flows.

Note: Amounts to be deducted should be indicated with a minus sign.