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a. Equipment with a book value of $79,500 and an original cost of $170,000 was sold at a loss of $33,000 b. Paid $103.000 cash
a. Equipment with a book value of $79,500 and an original cost of $170,000 was sold at a loss of $33,000 b. Paid $103.000 cash for a new truck c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000 d. Long-term investments in stock were sold for $94.900 cash, yielding a gain of $17.000 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 Tows from investing activities a. Equipment with a book value of $79,500 and an original cost of $170,000 was sold at a loss of $33,000 b. Paid $103.000 cash for a new truck, c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000 d. Long-term investments in stock were sold for $94,900 cash, ylelling a gain of $17.000 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
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