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

Exercise 12-9(Algo) Cash flows from investing activities LO P3
a. Equipment with a book value of $82,500 and an original cost of $168,000 was sold at a loss of $33,000.
b. Paid $103,000 cash for a new truck.
c. Sold land costing $330,000 for $405,000 cash, yielding a gain of $75,000.
d. Stock investments were sold for $91,400 cash, yielding a gain of $16,250.
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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 Exercise 12-9(Algo) Cash flows from investing activities LO P3 a. Equipment

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