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a. Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $30,000. b. Paid $106,000 cash
a. Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $30,000. b. Paid $106,000 cash for a new truck c. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000. d. Long-term investments in stock were sold for $92,800 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 b indicated with a minus sign.) Answer is not complete. Cash flows from investing activities Cash received from the sale of equipment s Cash paid for new truck Cash received from the sale of land Cash received from the sale of long-term investments 50.000 106,000 420,000 92,800 668 800
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