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Required information Exercise 12-10A (Algo) Determining cash flows from investing activities LO 12-3 [The following...

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Required information Exercise 12-10A (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: 1. Delsey incurred a $1,310 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $5,430 (cost of $25,460 minus accumulated depreciation of $20,030 ) was sold. The income statement showed a gain on the sale of machinery of $4,040. 3. Delsey did not sell land during the year. Exercise 12-10A (Algo) Part c c. Compute the amount of cash flow associated with the sale of machinery

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