The following information is given a. Equipment with a book value of $81,000 and an original cost

The following information is given

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a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Stock investments were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Stock investments were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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To determine the cash flows from investing activities we need to analyze the transactions mentioned ... View the full answer