A vehicle was purchased for 44000 cash based on these facts


Question - Net Income was $245,760. Equipment that cost $51,750 with accumulated depreciation of $38,300 was sold for $16,040. Land that cost $158,000 was sold for $192,760. Issued 8,000 shares of $15 common stock for $168,000. A vehicle was purchased for $44,000 cash.

Based on these facts, what is the cash flows from investing activities amount?

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Accounting Basics: A vehicle was purchased for 44000 cash based on these facts
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