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25 Exercise 16-8 Cash flows from investing activities LO P3 3.44 points a. Equipment with a book value of $81,500 and an original cost of

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25 Exercise 16-8 Cash flows from investing activities LO P3 3.44 points a. Equipment with a book value of $81,500 and an original cost of $162,000 was sold at a loss of $34,000. b. Pald $112,000 cash for a new truck c. Sold land costing $330,000 for $420,000 cash, yielding a gin of $90,000 d. Long-term Investments in stock were sold for $94,900 cash, yielding a gain of $14,750. Skloped Use the above information to determine cash flows from Investing activities. (Amounts to be deducted should be indicated with a minus sign.) eBook Statement of Cash Flows (partial) Cash flows from investing activities Hint Ask Print $ References

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