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Cash flows from investing activities LO P3 Equipment with a book value of $82, 500 and an original cost of $167,000 was sold at a
Cash flows from investing activities LO P3 Equipment with a book value of $82, 500 and an original cost of $167,000 was sold at a loss of $35,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $410,000 cash, yielding a gain of $85,000. Long-term investments in stock were sold for $94, 900 cash, yielding a gain of $15, 500. 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.)
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