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Che 2.5 2 points eBook Hint Printi References Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value
Che 2.5 2 points eBook Hint Printi References Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $83,500 and an original cost of $161,000 was sold at a loss of $34,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $310,000 for $410,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $95,600 cash, yielding a gain of $17,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be in with a minus sign.) Cash flows from investing activities Statement of Cash Flows (partial)
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