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Use the following information to determine this company's cash flows from investing activities. a. sold land coasting $315,000 to $400,000 cash, yielding a gain of
Use the following information to determine this company's cash flows from investing activities. a. sold land coasting $315,000 to $400,000 cash, yielding a gain of $15,000 b. Paid $106,000 cash for a new truck c. Equipment with a book value of $80,500 and an original cost of $165,000 was sold at a loss of $34,000 d. Long-term investments in stock were sold for $94,700 cash, yielding a gain of $15,750
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