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 $$48,500,$ with $$25,400$ of accumulated depreciation, for $$11,400$ cash. The sale results in a $$11,700$ loss.

Sold a machine costing $$14,000,$ with $$9,700$ of accumulated depreciation, for $$8,400$ cash. The sale results in a $$4,100$ gain.

Purchased stock investments for $$24,500$ cash. The purchaser believes the stock is worth at least $$33,400.$