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a. Equipment with a book value of $80,000 and an original cost of $168,000 was sold at a loss of $32,000. b. Paid $103,000 cash
a. Equipment with a book value of $80,000 and an original cost of $168,000 was sold at a loss of $32,000. b. Paid $103,000 cash for a new truck c. Sold land costing $330,000 for $415,000 cash, yielding a gain of $85,000 d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $16,250 Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities
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