Part IV - Problems and Analysis (In the space provided, please complete the steps outlined in each question) (10 Points Each, partial credit will be awarded as applicable, so show your work!). 26. Indicate the effect each of the following has on investing cash flows. a. Sold a truck for $40,000, with $22,000 of accumulated depreciation for $8,000 cash. The Sale results in a $10,000 loss. b. Sold a machine for $10,000, with 8,000 of accumulated depreciation for $5,000 cash. The Sale results in a $3,000 gain. c. Purchased stock investments for $16,000. The purchaser believes the stock is worth at least $30,000 27. Consider the following: 2017 2016 Net Sales $801,810 $453,000 Cost of Goods Sold $392,887 $134,088 a. Determine the trend percents for net sales using 2016 as the Base Year b. Determine the 2016 and 2017 common size percents for Cost of Goods Sold, using net sales as the base