QS $16-9($Algo$)$ Computing investing cash flows LO P$3$

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

Note: Amounts to be deducted should be indicated with a minus sign.

Sold a truck costing $$48,000,$ with $$25,200$ of accumulated depreciation, for $$11,200$ cash. The sale results in a $$11,600$ loss.

Sold a machine costing $$13,800,$ with $$9,600$ of accumulated depreciation, for $$8,200$ cash. The sale results in a $$4,000$ gain.

Purchased stock investments for $$24,000$ cash. The purchaser believes the stock is worth at least $$33,200.$