use the following company information to calculate its net cash from or used in investing...
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use the following company information to calculate its net cash from or used in investing activties:
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Use the following company information to calculate its net cash from or used in investing activities: (a) Equipment with a carrying amount of $125,000 and an original cost of $220,000 was sold at a gain of $22,000. (b) Paid $49,000 cash for a new truck. (c) Sold land costing $30,000 for $26,000 cash, realizing a $4,000 loss. (d) Purchased treasury shares for $53,000 cash. (e) Long-term investments in shares are sold for $41,000 cash, realizing a gain of $3,500. Cash flows from investing activities: Net cash from investing activities
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