I. Use the following company information to calculate its net cash from or used in investing activities (a) Equipment with a carrying amount of $125,000 and an original cost of $220,000 was sold at a gain of $22,000. (b) Paid $49,000 cash for a new truck. (c) Sold land costing $30,000 for $26,000 cash, realizing a $4,000 loss. (d) Purchased treasury shares for $53,000 cash. (e) Long-term investments in shares are sold for $41,000 cash, realizing a gain of $3,500. Hint If you don't know how much did the company receive when they sold the PPE. You can do the entry to know according to debit must equal credit. Just like the following: Cash Accumulated depreciation-PPE oss on disposal of assets ain on disposal of asse PPE Fill in all the amount you know, you will get how much did the company receive. (Carrying amount-Original cost-Accumulated depreciation)