Use the following information to determine cash flows from investing activities. a. Equipment with a book value
Question:
Use the following information to determine cash flows from investing activities.
a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000.
b. Paid $89,000 cash for a new truck.
c. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000.
d. Stock investments were sold for $60,800 cash, yielding a gain of $4,150.
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Related Book For 
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild
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