investing

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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: $12,500
$4,500
$2,750
$1,750

  • investing -

    $1750 was income. The cost basis at the time of sale was $2750.

  • investing -

    12500-9750=2750 what it is worth
    -4500 what is was sold for
    = gain of 1750

  • investing -

    4500- the amount sold for

  • investing -

    4500

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