Check my work 7 8.33 points a. Equipment with a book value of $82,500 and an original cost of $161,000 was sold at a los
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Check my work 7 8.33 points a. Equipment with a book value of $82,500 and an original cost of $161,000 was sold at a los
Statement of Cash Flow (partial Cash flows from investing activities Cash received from the sale of equipment Cash paid for new truck Cash received from the sale of land Cash recelved from the sale of stock investments $ 0
Check my work 7 8.33 points a. Equipment with a book value of $82,500 and an original cost of $161,000 was sold at a loss of $34.000 b. Paid $103.000 cash for a new truck, c. Sold land costing $325,000 for $415,000 cash, yielding again of $90,000 d. Stock investments were sold for $96,300 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with minus sign.) Boo Hint Prst References