If you want to know the cash flow from investing LO P3, you should first consider the reasons for the investments you made. In this example, you purchased a truck for $100,000, sold land for $405,000, and bought a new truck for $106,000. During the same period, you sold long-term investments in stock for $91,400. These transactions produced a $20,000 profit.
Computing Cash Flows From Investing LO P3
