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2 Exercise 12-8 Cash flows from investing activities LO P3 20 oints a. Equipment with a book value of $78,500 and an original cost of

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2 Exercise 12-8 Cash flows from investing activities LO P3 20 oints a. Equipment with a book value of $78,500 and an original cost of $166,000 was sold at a loss of $34,000 b. Pald $112,000 cash for a new truck. c. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000 d. Long-term Investments in stock were sold for $94,900 cash, yielding a gain of $15,500 eBook Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Hint Statement of Cash Flows (partial Cash flows from investing activities ALL Print $ 0

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