4.

Indicate the effect each separate transaction has on investing cash flows. Note: Amounts to be deducted should be indicated with a minus sign. a. Sold a truck costing $44,500, with $23,800 of accumulated depreciation, for $9,800 cash. The sale results in a $10,900 loss. b. Sold a machine costing $12,400, with $8,900 of accumulated depreciation, for $6,800 cash. The sale results in a $3,300 gain. c. Purchased stock investments for $20,500 cash. The purchaser believes the stock is worth at least $31,800