Chapter 12 Homework a. Equipment with a book value of $78,500 and an original cost of $167,000 was sold at a loss of $31,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $310,000 for $415,000 cash, yielding a gain of $105,000. d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $15,500. polnts 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.) eBook Cash flows from investing activities Hint Print References 00