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a. Equipment with a book value of $79,000 and an original cost of $169,000 was sold at a loss of $32,000. b. Paid $103,000
a. Equipment with a book value of $79,000 and an original cost of $169,000 was sold at a loss of $32,000. b. Paid $103,000 cash for a new truck. c. Sold land costing $330,000 for $420,000 cash, yielding a gain of $90,000. d. Long-term investments in stock were sold for $97,000 cash, yielding a gain of $16,250. 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 0
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