The following transactions occurred at the Lionel Corporation in 2017. Considering items A and B...
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Accounting
The following transactions occurred at the Lionel Corporation in 2017. Considering items A and B below, Lionel's cash flows from investing activities was $______. (parentheses represent negative amounts) A) The company sold a used truck for $4,000 in cash. The original cost of the truck was $19,000. Depreciation of $14,000 had been deducted. B) The company purchased some new equipment for $25,000.
21,000
(21,000)
20,000
(6,000)
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