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16-9 a. Equipment with o book value of $83,500 and an oniginal cost of $170.000 was sold at a loss or $32,000. b. Paid $112.000
16-9
a. Equipment with o book value of $83,500 and an oniginal cost of $170.000 was sold at a loss or $32,000. b. Paid $112.000 cash for a new truck. c. Sold land costing $315,000 for $425.000 cash, yielding o goin of $110.000 d. Stock investments were sold for $90,700 cash, yielding a 9 ain of $16,250. Use the obove informotion to determine cash flows from investing octivities. (Amounts to be deducted shoutd be indicated with a minus sign Step by Step Solution
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