W Exercise 12-8 Cash flows from investing activities LO P3 275 points a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $115,000 cash for a new truck c. Sold land costing $310.000 for $430,000 cash, yielding a gain of $120.000 d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14.750. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indica minus sign.) Toote 1 Statement of Cash Flows (partial) Cash flows from investing activities