QS 12-9 Computing investing cash flows LO P3

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

1. Sold a truck costing $45,500, with $24,200 of accumulated depreciation, for $10,200 cash. The sale results in a $11,100 loss.
2. Sold a machine costing $12,800, with $9,100 of accumulated depreciation, for $7,200 cash. The sale results in a $3,500 gain.
3. Purchased stock investments for $17,100 cash. The purchaser believes the stock is worth at least $32,200.

Cash flows from investing activities $ 0