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Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $80,000 and an original cost of $166,000 was sold

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Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $80,000 and an original cost of $166,000 was sold at a loss of $30,000 b. Paid $106,000 cash for a new truck. c. Sold land costing $320,000 for $420,000 cash, yielding a gain of $100,000 d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $16,250. 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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