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ch 12 Ex 12-7 Ch 12 Ex 12-76 Help Save & Exit Exercise 12-7 Cash flows from investing activities LO P3 s. Equipmert with a book value of $78,000 and an orgnl cost of $63 b. Paid 5115,000 cash for a new trck c. Sold land costing $320,000 for $425,000 cash yielding a gain of St05,000 d. Long-teim investments in stock were sold tor Saa Use the above information to determine this compan indicated with a minus sign. tivties JAmounts to be tieducted should be 3 O P GW R Y U