Exercise 12-8 Cash flows from investinf activities LO P3

Check my work 7 Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $79,500 and an original cost of $167.000 was sold at a loss of $34,000 b. Paid $109,000 cash for a new truck c. Sold land costing $310,000 for $420,000 cash, yielding a gain of $110,000 d. Long-term investments in stock were sold for $97,000 cash, yielding again of $16,250 look Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Print Statement of Cash Flows (partial) Cash flows from investing activities