Question: QS 1 2 - 9 ( Algo ) Computing investing cash flows LO P 3 Indicate the effect each separate transaction has on investing cash

QS 12-9(Algo) Computing investing cash flows LO P3
Indicate the effect each separate transaction has oninvestingcash flows.
Note: Enter amounts to be deducted as negative values.
Sold a truck costing $45,000, with $24,000 of accumulated depreciation, for $10,000 cash. The sale results in a $11,000 loss.
Sold a machine costing $12,600, with $9,000 of accumulated depreciation, for $7,000 cash. The sale results in a $3,400 gain.
Purchased stock investments for $21,000 cash. The purchaser believes the stock is worth at least $32,000.

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