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Determine cash flows from investing activities

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Reference no: EM132466057

Following information is extracted from the books of Vifixing Limited for the year ended December 31, 2017

a. Equipment with a book value of $78,500 and an original cost of $164,000 was sold at a loss of $34,000

b. Paid $112,000 cash for a new truck

c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $10,000

d. Long-term investments in stock were sold for $97,700 cash, yielding a gain of $17,000

Use the above information to determine cash flows from investing activities for Vifixing Limited for the year ended December 31, 2017.

Reference no: EM132466057

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