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Exercise 12-9 (Algo) Cash flows from investing activities LO P3 Equipment with a book value of $83,000 and an original cost of $168,000 was sold
Exercise 12-9 (Algo) Cash flows from investing activities LO P3 Equipment with a book value of $83,000 and an original cost of $168,000 was sold at a loss of $32,000. Paid $112,000 cash for a new truck. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000. Stock investments were sold for $96,300 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities
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