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3 5 points eBook 10 10 Print Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $80,500
3 5 points eBook 10 10 Print Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $80,500 and an original cost of $161,000 was sold at a loss of $30,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $320,000 for $410,000 cash, yielding a gain of $90,000. d. Stock investments were sold for $97,000 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities References
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