Question
a. Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $33,000. b. Paid $106,000
a. Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $315,000 for $410,000 cash, yielding a gain of $95,000. d. Stock investments were sold for $94,200 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
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