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a. Equipment with a book value of $84,000 and an original cost of $170,000 was sold at a loss of $36,000. b. Paid S115,000 cash
a. Equipment with a book value of $84,000 and an original cost of $170,000 was sold at a loss of $36,000. b. Paid S115,000 cash for a new truck c. Sold land costing $320,000 for S420,000 cash, yielding a gain of S100,000. d. Long-term investments in stock were sold for S95,600 cash, yielding a gain of $14,750. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities Cash received from the sale of equipment Cash paid for new truck Cash received from the sale of land Cash received from the sale of long-term investments Net cash provided by investing activities
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