a). old land costing $330,000 for $430,000 cash, yielding a gain of $15,000 b). Paid $100,000 cash
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b). Paid $100,000 cash for new truck
c). Equipment with a book value of $81,000 and an original cost of $161,000 was sold at a loss of $31,000
d). Long-term investments in stock were sold for $93,000 cash, yielding a gain of $15,500
Use the above information to determine this company's cash flows from investing activities.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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