Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $30,000. Paid $115,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Stock investments were sold for $91,400 cash, yielding a gain of $17,000. Requried:
Use the above information to determine cash flows from investing activities.

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?