Teddy's Pillows Had Beginning Net Fixed Assets of $648 and Ending

question 25

Multiple Choice

Teddy's Pillows had beginning net fixed assets of $648 and ending net fixed assets of $621.Assets valued at $285 were sold during the year.Depreciation was $76.What is the amount of net capital spending?

• A)$334
• B)$236
• C)$115
• D)$49
• E)$66

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