Question: help Indicate the effect each separate transaction has on investing cash flows. (Amounts to be deducted should be indicated with a minus sign.) a. Sold

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help Indicate the effect each separate transaction has on investing cash flows.

Indicate the effect each separate transaction has on investing cash flows. (Amounts to be deducted should be indicated with a minus sign.) a. Sold a truck costing $47,500, with $25,000 of accumulated depreciation, for $11,000 cash. The sale results in a $11,500 loss. b. Sold a machine costing $13,600, with $9,500 of accumulated depreciation, for $8,000 cash. The sale results in a $3,900 gain. c. Purchased stock investments for $23,500 cash. The purchaser believes the stock is worth at least $33,000

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