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Sold land costing 325000 for 420000 cash yielding a gain of

Question -

1. Equipment with a book value of $83,000 and an original cost of $162,000 was sold at a loss of $36,000.

2. Paid $106,000 cash for a new truck.

3. Sold land costing $325,000 for $420,000 cash, yielding a gain of $95,000.

4. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250.

Use the above information to determine this company's cash flows from investing activities.

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Accounting Basics: Sold land costing 325000 for 420000 cash yielding a gain of

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Accounting Basics: Sold land costing 325000 for 420000 cash yielding a gain of

Reference No:- TGS02737342

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