Exercise 12-8 Cash flows from investing activities LO P3 .. Equipment with a book value...
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Accounting
Exercise 12-8 Cash flows from investing activities LO P3 .. Equipment with a book value of $80,500 and an original cost of $166,000 was sold at a loss of $33,000. b. Pald $112,000 cash for a new truck. c. Sold land costing $315,000 for $410.000 cash, yielding a gain of $95,000 d. Long-term Investments in stock were sold for $94.200 cash. yielding a gain or $15,500 Use the above information to determine cash flows from investing activities (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities

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