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Mega Sales sells some of its used store fixtures. The acquisition cost of the fixtures is $13,209, the accumulated depreciation on these fixtures is $9,014
Mega Sales sells some of its used store fixtures. The acquisition cost of the fixtures is $13,209, the accumulated depreciation on these fixtures is $9,014 at the time of sale. The fixtures are sold for $4,683. Determine the amount of cash flows from investing activities on the statement of cash flows.
Select the correct answer.
$4,195 |
$-488 |
$4,683 |
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