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Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold

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Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $31,000. 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 $92,100 cash, yielding a gain of $17,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities

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