Question
Help Save & Exit S Check my wo a. Equipment with a book value of $78,000 and an original cost of $162,000 was sold
Help Save & Exit S Check my wo a. Equipment with a book value of $78,000 and an original cost of $162,000 was sold at a loss of $34,000. b. Paid $103,000 cash for a new truck. c. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000. d. Long-term investments in stock were sold for $92,800 cash, yielding a gain of $14,750. 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 nces C SPIC
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