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b 1.25 points ft ps lock eBook Print References Q A N Indicate the effect each separate transaction has on investing cash flows. Note: Amounts
b 1.25 points ft ps lock eBook Print References Q A N Indicate the effect each separate transaction has on investing cash flows. Note: Amounts to be deducted should be indicated with a minus sign. C a. Sold a truck costing $45,000, with $24,000 of accumulated depreciation, for $10,000 cash. The sale results in a $11,000 loss. b. Sold a machine costing $12,600, with $9,000 of accumulated depreciation, for $7,000 cash. The sale results in a $3,400 gain. c. Purchased stock investments for $21,000 cash. The purchaser believes the stock is worth at least $32,000. Cash flows from investing activities Cash received from sale of truck Cash received from sale of machine Cash paid for purchase of investment 2 W Net cash used in investing activities S X 3 E 3 D 4R R C 8 F ST 5 The G $ 6 Y H B V 0 U N J I'm 8 1 I M K ! O L ? 0 P .?123 delete return shift
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