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Equipment with a book value of $80,500 and an original cost of $167,000 was sold at a loss of $32,000. Paid $103,000 cash for a
Equipment with a book value of $80,500 and an original cost of $167,000 was sold at a loss of $32,000. Paid $103,000 cash for a new truck. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000. Long-term investments in stock were sold for $97,700 cash, yielding a gain of $14,000. 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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