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QUESTION 14 Use the following company information to calculate net cash provided or used by investing activities: (1) Equipment with a book value of $87

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QUESTION 14 Use the following company information to calculate net cash provided or used by investing activities: (1) Equipment with a book value of $87.500 and an original cost of $150 000 was sold at a loss of $8.500. (2) Pald 531,000 cash for a new truck. 3) Sold land costing S16,000 for $18,000 cash, realizing a $2.000 gain, (4) Purchased treasury stock for $30.500 cash. (5) Long-term investments in stock are sold for $20.500 cash realizing a gain of $1.750. D A $56.000 cash provided by investing activities