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Business, 18.06.2020 02:57 Carriepruitt
Use the information to determine this company's cash flows from investing activities.
Cash flows from investing activities
Cash received from the sale of equipment
Cash paid for new truck (89,000)
Cash received from the sale of land 198,000
Cash received from the sale of long-term investments 60,800
Net cash provided by investing activities $169,800
A. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000.
B. Paid $89,000 cash for a new truck.
C. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000.
D. Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150.
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Use the information to determine this company's cash flows from investing activities.
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