Question

Use the following information to determine this company’s cash flows from investing activities.
a. Equipment with a book value of $ 65,300 and an original cost of $ 133,000 was sold at a loss of $ 14,000.
b. Paid $ 89,000 cash for a new truck.
c. Sold land costing $ 154,000 for $ 198,000 cash, yielding a gain of $ 44,000.
d. Long-term investments in stock were sold for $ 60,800 cash, yielding a gain of $ 4,150.



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  • CreatedNovember 26, 2013
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