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Exercise 12-9 (Algo) Cash flows from investing activities LO P3 o. Equipment with a book value of $80,500 and an original cost of $165,000 was

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Exercise 12-9 (Algo) Cash flows from investing activities LO P3 o. Equipment with a book value of $80,500 and an original cost of $165,000 was sold at a loss of $37,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $97,000 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign

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