Cash Flows from westing Activities During the year, Murray Company sois cuipment with a book value of $125,000 for $175.000 (original purchase cost of $225.000). New equipment purchased Murtay provided the following comparative balance sheets Murray Company Comparative Balance Sheets At December 31, 20X1 and 20x2 2001 20x2 Long-Term Assets Plant and copment $1,000,000 $1.005.000 Accumulated depreciation Land (500,000) 500,000 (525,000) 733,750 Required: Calculate the investing cash flows for the current year. Use a mission to indicate a cash outflow Prev All work saved Emainstructor Save and Est Suome (hp Q W 3 ** 3 $ 4 96 5 & 7 E 6 00 9 0 O t e u r f d k k h 60 C V m OT n