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Exercise 12-9 (Static) Cash flows from investing activities LO P3 a. Equipment with a book value of $65,300 and an original cost of $133,000 was

image text in transcribed Exercise 12-9 (Static) Cash flows from investing activities LO P3 a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. b. Paid $89,000 cash for a new truck. c. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. d. Stock Investments were sold for $60,800 cash, yielding a gain of $4,150. 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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