0.85 points eBook Print erences QS 12-9 Computing investing cash flows LO P3 Indicate the effect each separate transaction has on investing cash flows. (Amounts to be deducted should be indicated with a minus sign.) a. Sold a truck costing $40,000, with $22,000 of accumulated depreciation, for $8,000 cash. The sale results in a $10,000 loss. b. Sold a machine costing $10,000, with $8,000 of accumulated depreciation, for $5,000 cash. The sale results in a $3,000 gain. c. Purchased stock investments for $16,000 cash. The purchaser believes the stock is worth at least $30,000 Cash flows from investing activities Cash paid for purchase of investment Cash received from sale of machine Cash received from sale of truck Cash paid for merchandise inventory Net cash used in investing activities $ 0

QS 129 Computing investing cash flows LO P3 Indicate the effect cach separate transaction has on investing cash flows. (Amounts to be deducted should be indicoted with o minus sign.) a. Sold a fruck costing $40,000, with $22,000 of accumulated depreciation for $8,000 cash The sale results in a $10,000 los5 b. Sold a machine costing $10,000, with $8,000 of accumulated deprecunon, for $5,000 cash. The sale results in a $3,000 gain c. Purchased stock investments for $16.000 cash. The purchaser belic. the stock is worth at least $30,000