Sunday, 4 October 2015

Use the above information to determine this company's cash flows from investing activities.

a. Equipment with a book value of $80,500 and an original cost of $168,000 was sold at a loss of $34,000.
b. Paid $103,000 cash for a new truck.
c. Sold land costing $310,000 for $420,000 cash, yielding a gain of $110,000.
d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $15,500.
  

Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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Explanation:

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