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Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $4,500.The value of this transaction in the Investing section of the statement of cash flows is:

a. $12,500

b. $2,750

c. $4,500

d. $1,750

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9450211

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