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Equipment with a book value of $80,500 and an original cost of $169,000 was sold at a loss of $36,000. Paid $106,000 cash for a
Equipment with a book value of $80,500 and an original cost of $169,000 was sold at a loss of $36,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Stock investments were sold for $96,300 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign
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