Answer:
-$1,158,000
Explanation:
The net cash flow provided or used by investing activities is presented below:
Cash flow from investing activities
Proceeds from sale of equipment $292,000
Less: Loans made to affiliated corporations -$1,450,000
Net cash flows used by investing activities is -$1,158,000
The loan made is an outflow of cash while the proceeds from sale of an equipment is an inflow of cash.