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Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $83,500 and an original cost of $164,000 was

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Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $83,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $103,000 cash for a new truck. c. Sold land costing $320,000 for $410,000 cash, yielding a gain of $90,000. d. Stock investments were sold for $94,900 cash, yielding a gain of $14,000 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 0

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