QS 12-9 (Algo) Computing investing cash flows LO P3 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 $46,500, with $24,600 of accumulated depreciation, for $10,600 cash. The sale results in a $11,300 loss. b. Sold a machine costing $13,200, with $9,300 of accumulated depreciation, for $7,600 cash. The sale results in a $3,700 gain. c. Purchased stock investments for $22,500 cash. The purchaser believes the stock is worth at least $32,600. Cash flows from investing activities Depreciation expense Cash paid for purchase of truck Cash received from sale of machine Cash paid for purchase of investment $ 0

QS 12-9 (Algo) Computing investing cash flows LO P3 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 $46,500, with $24,600 of accumulated depreciation, for $10,600 cash. The sale results in a $11,300 los5. b. Sold a machine costing $13,200, with $9,300 of accumulated depreciotion, for $7,600 cash. The sale results in a $3,700 gain. c. Purchased stock investments for $22,500 cash. The purchaser believes the stock is worth at least $32,600