The following transactions occurred at the lionel

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The following transactions occurred at the Lionel Corporation in 2010. Use this information to prepare Lionel's schedule of cash flows from investing activities. A) The company sold a used truck for $4,000 in cash. The original cost of the truck was $19,000. Depreciation of $14,000 had been deducted.B) The company purchased some new equipment for $25,000.

Reference no: EM13583946

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