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Compute the value of transaction

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Question - Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $13,229, and the accumulated depreciation on these fixtures is $7,190 at the time of sale. The fixtures are sold for $3,028. Compute the value of this transaction in the investing section of the statement of cash flows?

a. $7,190

b. $3,028

c. $17,391

d. $13,229

Reference no: EM132556439

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