oblems Ch 12 Swed Help Save & Exit Submit Check my work 3 Required information The following information applies to the questions displayed below) art 107 The following information was drawn from the year-end balance sheets of Mass Trading Company mits Account Title Investment securities Equipment Buildings Land Year 2 $ 33,700 219,000 851, 500 81,500 Year 1 $ 29,000 202,500 958,000 61,000 eBook Additional information regarding transactions occurring during Year 2: Print 1 Investment securities that had cost $5,630 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $700. 2. Equipment with a cost of $54,000 was purchased. 3. The income statement showed a gain on the sale of equipment of $7,600. On the date of sale, accumulated depreciation on the equipment sold amounted to $8.200 4. A building that had originally cost $170.500 was demolished. 5. Land that had cost $26,900 was sold for $21,100. eences Required a. Determine the amount of cash flow for the purchase of investment securities during Year 2 Cash flow for the purchase of investment securities 8