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Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,666, and the accumulated depreciation on these fixtures is
Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,666, and the accumulated depreciation on these fixtures is $6,811 at the time of sale. The fixtures are sold for $4,225. The value of this transaction in the investing section of the statement of cash flows is O a. $4,225 Ob. $15,252 Oc. $12,666 O d. $6,811
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