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Use the following information to determine this company's cash flows from investing activities. a. Equipment with a book value of $72,500 and an original cost
Use the following information to determine this company's cash flows from investing activities. a. Equipment with a book value of $72,500 and an original cost of $158,000 was sold at a loss of $22,000. b. Paid $95,000 cash for a new truck. c. Sold land costing $315,000 for $400,000 cash, yielding a gain of $15,000. d. Long-term investments in stock were sold for $94,700 cash, yielding a gain of $5,750
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