Question: Exercise 1 2 - 9 ( Algo ) Cash flows from investing activities LO P 3 Equipment with a book value of $ 8 2

Exercise 12-9(Algo) Cash flows from investing activities LO P3
Equipment with a book value of $82,000 and an original cost of $164,000 was sold at a loss of $36,000.
Paid $106,000 cash for a new truck.
Sold land costing $330,000 for $415,000 cash, yielding a gain of $85,000.
Stock investments were sold for $93,500 cash, yielding a gain of $14,750.
Use the above information to determine cash flows from investing activities.
Note: Amounts to be deducted should be indicated with a minus sign.

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