Exercise 12-8 Cash flows from investing activities L.O. P3 a. Sold land costing $330,000 for $430,000 cash, yielding a gain of $15,000. b. Paid $100,000 cash for a new truck. c. Equipment with a book value of $81,000 and an original cost of $161,000 was sold at a loss of $31,000. d. Long-term investments in stock were sold for $93,500 cash, yielding a gain of $15,500. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

Exercise 12-8 Cash flows from investing activities L.O. P3

a.	Sold land costing $330,000 for $430,000 cash, yielding a gain of $15,000.
b.	Paid $100,000 cash for a new truck.
c.	Equipment with a book value of $81,000 and an original cost of $161,000 was sold at a loss of $31,000.
d.	Long-term investments in stock were sold for $93,500 cash, yielding a gain of $15,500.

  

Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)