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Mega Sales sells some of its used store fixtures. The acquisition cost of the fixtures is $12,502, and the accumulated depreciation on these fixtures is
Mega Sales sells some of its used store fixtures. The acquisition cost of the fixtures is $12,502, and the accumulated depreciation on these fixtures is $8,411 at the time of sale. The fixtures are sold for $3,324. Determine the amount of cash flows from investing activities on the statement of cash flows.
Select the correct answer.
$12,502
$4,091
$767
$3,324
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