Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000 a 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. Coch flowe fe Exereica 16 0