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Business, 22.04.2020 04:32 ScuddyG7164

Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a new truck. Sold land costing $315,000 for $410,000 cash, yielding a gain of $95,000. Long-term investments in stock were sold for $94,200 cash, yielding a gain of $14,750. 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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Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,00...

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