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Business, 02.03.2020 21:06 Teal3475

Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. Paid $115,000 cash for a new truck. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000. Long-term investments in stock were sold for $92,800 cash, yielding a gain of $15,500. 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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