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Exercise 12-8 Cash flows from investing activities LO P3 Equipment with a book value of $79,000 and an original cost of $163,000 was sold at

Exercise 12-8 Cash flows from investing activities LO P3

  1. Equipment with a book value of $79,000 and an original cost of $163,000 was sold at a loss of $34,000.
  2. Paid $118,000 cash for a new truck.
  3. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000.
  4. Long-term investments in stock were sold for $97,000 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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