Question: Exercise 1 6 - 9 ( Algo ) Cash flows from investing activities LO P 3 a . Equipment with a book value of $

Exercise 16-9(Algo) Cash flows from investing activities LO P3
a. Equipment with a book value of $80,500 and an original cost of $162,000 was sold at a loss of $36,000.
b. Paid $103,000 cash for a new truck.
c. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000.
d. Stock investments were sold for $94,200 cash, yielding a gain of $14,000.
Use the above information to determine cash flows from investing activities.
Note: Amounts to be deducted should be indicated with a minus sign.
\table[[Statement of Cash Flows (partial)],[Cash flows from investing activities,],[,],[,],[,],[,],[,]]
Exercise 1 6 - 9 ( Algo ) Cash flows from

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