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Indicate the effect each separate transaction has on investing cash flows. Note: Amounts to be deducted should be indicated with a minus sign. a .
Indicate the effect each separate transaction has on investing cash flows.
Note: Amounts to be deducted should be indicated with a minus sign.
a Sold a truck costing $ with $ of accumulated
depreciation, for $ cash. The sale results in a $ loss.
b Sold a machine costing $ with $ of accumulated
depreciation, for $ cash. The sale results in a $ gain.
c Purchased stock investments for $ cash. The purchaser
believes the stock is worth at least $
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