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Indicate the effect each separate transaction has on Investing cash flows. (Amounts to be deducted should be Indicated with a minus sign.) a. Sold a
Indicate the effect each separate transaction has on Investing cash flows. (Amounts to be deducted should be Indicated with a minus sign.) a. Sold a truck costing $49,500, with $25,800 of accumulated depreciation, for $11,800 cash. The sale results in a $11,900 loss. b. Sold a machine costing $14,400, with $9,900 of accumulated depreciation, for $8,800 cash. The sale results in a $4,300 gain. c. Purchased stock Investments for $17,900 cash. The purchaser believes the stock is worth at least $33,800 Cash flows from investing activities S
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