a. Equipment with a book value of $80,000 and an original cost of $167,000 was sold...

 

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a. Equipment with a book value of $80,000 and an original cost of $167,000 was sold at a loss of $31,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $330,000 for $420,000 cash, yielding a gain of $90,0. d. Long-term investments in stock were sold for $90,700 cash, yieiding a gain of $15,500. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities a. Equipment with a book value of $80,000 and an original cost of $167,000 was sold at a loss of $31,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $330,000 for $420,000 cash, yielding a gain of $90,0. d. Long-term investments in stock were sold for $90,700 cash, yieiding a gain of $15,500. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities