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a. Equipment with a book value of $83,500 and an original cost of $164,000 was sold at a loss of $30,000. b. Paid $106,000 cash
a. Equipment with a book value of $83,500 and an original cost of $164,000 was sold at a loss of $30,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $94,900 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
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