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

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

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 $44,000, with $23,600 of accumulated depreciation, for $9,600 cash. The sale results in a $10,800 loss. b. Sold a machine costing $12,200, with $8,800 of accumulated depreciation, for $6,600 cash. The sale results in a $3,200 gain. c. Purchased stock investments for $20,000 cash. The purchaser believes the stock is worth at least $31,600. Cash flows from investing activities

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