Nielsen Auto Parts Had Beginning Net Fixed Assets of $218,470

question 65

Multiple Choice

Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411.During the year,assets with a combined book value of $6,943 were sold.Depreciation for the year was $42,822.What is the amount of net capital spending?

• A)$33,763
• B)$40,706
• C)$58,218
• D)$65,161
• E)$67,408

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