(Solution) - Chico s FAS a major U S retailer the following amounts in -(2025 Original AI-Free Solution)

Paper Details

Chico's FAS, a major U.S. retailer, the following amounts in the asset section of its balance sheets for the years ended February 1, 2014, and February 2, 2013:

In addition, the 2014 statement of cash flows reported the following items ($ in thousands):
Depreciation ............................................................ $113,800
Additions to property and equipment ............................... 138,510
Loss on disposal of property and equipment ........................ 1,736
Required:
What were the proceed Chico's received in the year ended February 1, 2014, from the sale of property and equipment?