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9 QS 16-9 Computing investing cash flows LO P3 3.44 points Indicate the effect each separate transaction has on investing cash flows. (Amounts to be

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9 QS 16-9 Computing investing cash flows LO P3 3.44 points Indicate the effect each separate transaction has on investing cash flows. (Amounts to be deducted should be indicated with a minus sign.) Skipped a. Sold a truck costing $40,500, with $22,200 of accumulated depreciation, for $8,200 cash. The sale results in a $10,100 loss. b. Sold a machine costing $10,800, with $8,100 of accumulated depreciation, for $5,200 cash. The sale results in a $2,500 gain c. Purchased stock investments for $16,100 cash. The purchaser believes the stock is worth at least $30,200. eBook ASH Cash flows from investing activities Print $ 0 References

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