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a. Equipment with a book value of $79,500 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $106,000 cash
a. Equipment with a book value of $79,500 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $325,000 for $400,000 cash, yielding a gain of $75,000. d. Stock investments were sold for $90,700 cash, yielding a gain of $16,250. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign
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