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prepare the Investing Section Use the Exercise 16-8 Cash flows from investing activities Use the following information to determine cash flows from investing activities. a.
prepare the Investing Section
Use the Exercise 16-8 Cash flows from investing activities Use the following information to determine cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14. b. Paid $89,000 cash for a new truck. C. Sold land costing $154,000 for $198.000 cash, yielding a gain of $44.000. d. Stock investments were sold for $60.800 cash, yielding a gain of $4,150Step by Step Solution
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