Indicate the effect each separate transaction has on investing cash flows. (Amounts to be deducted should be indicated with a minus sign.)

1. Sold a truck costing $46,000, with $24,400 of accumulated depreciation, for $10,400 cash. The sale results in a $11,200 loss.
2. Sold a machine costing $13,000, with $9,200 of accumulated depreciation, for $7,400 cash. The sale results in a $3,600 gain.
3. Purchased stock investments for $22,000 cash. The purchaser believes the stock is worth at least $32,400.