Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $79.000 and an original cost of $164,000 was sold at a loss of $37,000 b. Paid $112,000 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 $97,000 cash yielding a gain or $15,500 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 $ 0 Exercise 12-9 Cash flows from financing activities LO P3 a. Net Income was $466,000. b. Issued common stock for $76,000 cash c. Pald cash dividend of $16,000 d. Pald $120,000 cash to settle a note payable at its $120,000 maturity value. e. Paid $124.000 cash to acquire its treasury stock f. Purchased equipment for $91.000 cash Use the above information to determine cash flows from financing activities (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities $ 0