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QS 16-8 Computing cash flows from investing LO P3 Sale of short-term investments $ 7,700 Cash collections from customers 20,300 Purchase of used equipment 6,700
QS 16-8 Computing cash flows from investing LO P3
Sale of short-term investments | $ | 7,700 |
Cash collections from customers | 20,300 | |
Purchase of used equipment | 6,700 | |
Depreciation expense | 2,500 | |
Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.
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