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Calculator Brief Exercise 11-30 Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: Furniture 12/31/2019 $46,000 15,900 38,000 12/31/2018 $32,000 12,500 50,000 Accumulated depreciation Investment (long-term) In addition, Orlando sold furniture costing $8,000 with accumulated depreciation of $5,000 for $3,500. Orlando also reported a $3,000 gain on the sale of long-term Required: Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows outflows). s 102,900 x Feedback Check My Work Set up T-accounts to determine activity in the furniture account Recreate the journal entry to determine the cash flow related to the long-term investment account