Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,500theaccumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $5,300 . The valueof this transaction in the investing section of the statement of cash flows is

a. $12,500
b. $5,300
c. $2,750
d. $2,550


b

Business

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