connect ch-16

	Equipment with a book value of $83,500 and an original cost of $161,000 was sold at a loss of $36,000.
b.	Paid $103,000 cash for a new truck.
c.	Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000.
d.	Long-term investments in stock were sold for $95,600 cash, yielding a gain of $16,250.

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