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Exercise 1 2 - 9 ( Algo ) Cash flows from investing activities LO P 3 Equipment with a book value of $ 8 2
Exercise Algo Cash flows from investing activities LO P
Equipment with a book value of $ and an original cost of $ was sold at a loss of $
Paid $ cash for a new truck.
Sold land costing $ for $ cash, yielding a gain of $
Stock investments were sold for $ cash, yielding a gain of $
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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