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Equipment with a book value of $79,500 and an original cost of $166,000 was sold at a loss of $34,000. Paid $112,000 cash for a
- Equipment with a book value of $79,500 and an original cost of $166,000 was sold at a loss of $34,000.
- Paid $112,000 cash for a new truck.
- Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000.
- Long-term investments in stock were sold for $97,000 cash, yielding a gain of $14,750.
Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
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