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a. Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $32,000. b. Paid $109,0
Posted: Thu May 19, 2022 1:01 pm
by answerhappygod
- A Equipment With A Book Value Of 82 500 And An Original Cost Of 163 000 Was Sold At A Loss Of 32 000 B Paid 109 0 1 (53.7 KiB) Viewed 54 times
a. Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $32,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $94,900 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.)
Statement of Cash Flows (partial) Cash flows from investing activities