Required information E12-13 (Algo) (Supplement B) Computing and Reporting Cash Flow Effects of Sale of Plant and Equipment [The following information applies to the questions displayed below] During two recent years, Perez Construction, Inc., disposed of the following plant and equipment Plant and equipment (at cost) Accumulated depreciation on equipment disposed of Cash received Gain (loss) on sale Year 1 $ 76,400 Year 2 $16,300 43,185 5,273 20,664 (12,551) 14,963 3,836 E12-13 Part 1 Required: 1. Determine the cash flow from the sale of property for each year that would be reported in the investing activities section of the cash flow statement. (List cash outflows as negative amounts.) PEREZ CONSTRUCTION, INC., Cash flows from investing activities Year 1 Year 21