Business
Business, 25.11.2021 14:00, nancieabreu4491

Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $30,000. Paid $115,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Stock investments were sold for $91,400 cash, yielding a gain of $17,000. Requried:
Use the above information to determine cash flows from investing activities.

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Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $30,00...

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