Equipment with a book value of $79,000 and an original cost of $168,000 was sold at a loss of $32,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $330,000 for $415,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $93, 500 cash, yielding a gain of $14, 750. Use the above information to determine this company's cash flows from investing activities