Target corporation a major us retailer reported the

Reference no: EM13590818

Target Corporation, a major U.S. retailer, reported the following amounts in the asset section of its balance sheets for the years ended January 31, 2009, and February 2, 2008:

	31-Jan-09	2-Feb-08
Property and equipment, net	$25,756	$24,095

In addition, the statement of cash flows for the year ended January 31, 2009, included the following items ($ in millions):

Depreciation	$1,814
Additions to property and equipment	3,547
Proceeds from the sale of property and equipment		39

What was the gain or loss Target recognized in the year ended January 31, 2009, from the sale of property and equipment?

Reference no: EM13590818

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