# investing

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

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1. \$1750 was income. The cost basis at the time of sale was \$2750.

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2. 👎
2. 12500-9750=2750 what it is worth
-4500 what is was sold for
= gain of 1750

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3. 4500- the amount sold for

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4. 4500

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2. 👎

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