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Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $78,500 and an original cost of $161,000 was sold at

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Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $78,500 and an original cost of $161,000 was sold at a loss of $31,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. Long-term investments in stock were sold for $93,500 cash, yielding a gain of - $15,500. 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.) aces Cash flows from investing activities

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