Q 3/5

a. Equipment with a book value of $81,500 and an original cost of $169,000 was sold at a loss of $36,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $17,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)