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Problem 14-15A (Algo) Determining cash flows from investing activities LO 14-3 The following information was drawn from the year-end balance sheets of Finch Trading Company: Additional information regarding transactions occurring during Year 2 : 1. Investment securities that had cost $5,430 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $410. 2. Equipment with a cost of $42,000 was purchased. 3. The income statement showed a gain on the sale of equipment of $7,000. On the date of sale, accumulated depreciation on the equipment sold amounted to $7,400. 4. A building that had originally cost $166,000 was demolished. 5. Land that had cost $25,600 was sold for $20,600. Required a. Determine the amount of cash flow for the purchase of investment securities during Year 2 . b. Determine the amount of cash flow from the sale of investment securities during Year 2. c. Determine the cost of the equipment that was sold during Year 2 . d. Determine the amount of cash flow from the sale of equipment during Year 2 . e. Determine the amount of cash flow for the purchase of buildings during Year 2 . f. Determine the amount of cash flow for the purchase of land during Year 2 . 9. Prepare the investing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. Determine the amount of cash flow for the purchase of investment, sale of investment, cost of the equip sale of equipment, purchase of buildings and purchase of land during Year 2

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