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Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $83,500 and an original cost of $161,000 was sold

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Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $83,500 and an original cost of $161,000 was sold at a loss of $37,000. b. Pald $103,000 cash for a new truck. c. Sold land costing $315,000 for $420,000 cash, yielding a gain of $105,000. d. Long-term Investments in stock were sold for $96,300 cash, ylelding 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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