Business, 24.03.2022 19:30, kcarstensen59070
Equipment with a book value of $80,500 and an original cost of $169,000 was sold at a loss of $35,000. Paid $106,000 cash for a new truck. Sold land costing $320,000 for $430,000 cash, yielding a gain of $110,000. Stock investments were sold for $95,600 cash, yielding a gain of $17,000.
Required:
Use the above information to determine cash flows from investing activities.
Answers: 1
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