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Equipment with a book value of $82,500 and an original cost of $168,000 was sold at a loss $34,000. Paid $118,000 cash for a new
Equipment with a book value of $82,500 and an original cost of $168,000 was sold at a loss $34,000. Paid $118,000 cash for a new truck. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000. Long-term investments in stock were sold for $94,200 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities
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