Business
Business, 16.04.2020 17:54, jaylabazemore

Equipment with a book value of $83,000 and an original cost of $169,000 was sold at a loss of $35,000. Paid $109,000 cash for a new truck. Sold land costing $310,000 for $400,000 cash, yielding a gain of $90,000. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $14,750. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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Equipment with a book value of $83,000 and an original cost of $169,000 was sold at a loss of $35,00...

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