Sold a truck costing $40,500, with $22,200 of accumulated depreciation, for $8,200 cash. The sale...
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Accounting
Sold a truck costing $40,500, with $22,200 of accumulated depreciation, for $8,200 cash. The sale results in a $10,100 loss. Sold a machine costing $10,800, with $8,100 of accumulated depreciation, for $5,100 cash. The sale results in a $2,400 gain. Purchased stock investments for $16,500 cash. The purchaser believes the stock is worth at least $30,200.
Cash flow from investing activities
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