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Can someone help me fill out this cash flows statement? a. Equipment with a book value of $65, 300 and an original cost of $133,000
Can someone help me fill out this cash flows statement?
a. Equipment with a book value of $65, 300 and an original cost of $133,000 was sold at a loss of $14,000. b. Paid $89,000 cash for a new truck. c. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. d. Long-term investments in stock were sold for $60, 800 cash, yielding a gain of $4, 150. 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.)Step by Step Solution
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