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a. Equipment with a book value of $83,500 and an original cost of $161,000 was sold at a loss of $36,000 b. Paid $103,000 cash
a. Equipment with a book value of $83,500 and an original cost of $161,000 was sold at a loss of $36,000 b. Paid $103,000 cash for a new truck. c. Sold land costing $330,000 for $410,000 cash, yielding a gain of $80,000 d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14,000 Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated witha minus sign.) Cash flows from investing activities $ 0
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