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a. Equipment with a book value of $81,500 and an original cost of $168,000 was sold at a loss of $37,000. b. Paid $109,000 cash

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a. Equipment with a book value of $81,500 and an original cost of $168,000 was sold at a loss of $37,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $410,000 cash, yielding a gain of $85,000. d. Stock investments were sold for $97,700 cash, yleiding a gain of $14,000. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign. a. Net income was $474,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $14,000. d. Paid $115,000 cash to settle a long-term notes payable at its $115,000 maturity value. e. Paid $118,000 cash to acquire its treasury stock. f. Purchased equipment for $87,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign

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