Computing Cash Flows from Investing Activities: Plant Assets

Computing Cash Flows from Investing Activities: Plant Assets The T accounts for plant assets and accumulated depreciation for Street Company at the end of 2014 follow. In addition, Street's income statement shows a gain on sale of plant assets of $8,800. Compute the amounts to be shown as cash flows from investing activities. Use the minus sign to indicate cash outflows or a decrease in cash. Purchase of plant assets