The Play House's December 31, 2009 Balance Sheet Showed Net

question 69

Multiple Choice

The Play House's December 31, 2009 balance sheet showed net fixed assets of $1,238,000 and the December 31, 2010 balance sheet showed net fixed assets of $1,416,000. The company's 2010 income statement showed a depreciation expense of $214,600. What was the firm's net capital spending for 2010?

• A) $36,600
• B) $42,400
• C) $392,600
• D) $404,400
• E) $416,600

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Definitions:

Pedophilic Disorder

is a psychiatric disorder characterized by an adult's sexual attraction to prepubescent children.

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Young males in their teenage years, a developmental period characterized by significant physical, emotional, and psychological changes.

Diathesis-Stress Model

The Diathesis-Stress Model is a psychological theory that explains behavior as a predispositional vulnerability together with stress from life experiences, contributing to mental disorders.