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.

cash flows from investing activities is $221,100

Explanation:

Cash flow from Investing Activities relate to movement of cash in capital expenditures.

Prepare the Cash flow from Investing Activities Section as Follows:

Cash flow from Investing Activities

Proceeds from Sale of Equipment $51,300

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 from Investing Activities $221,100

Proceeds from Sale of Equipment Calculation:

Hint : Prepare an Equipment Disposal T - Account

Debit:

Book Value $65,300

Totals $65,300

Credit:

Profit and Loss (Loss on Sale) $14,000

Cash (Proceeds) - Balancing Figure $51,300

Totals $65,300

Conclusion:

Therefore, cash flows from investing activities is $221,100