4 Exercise 16-8 Cash flows from investing activities LO P3 1.25 points a. Equipment with a book value of $78,500 and an original cost of $165,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000. d. Long-term investments in stock were sold for $90,000 cash, yielding a gain of $14,000. 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 Print References $ 0