At the Beginning of This Year,Blauser Industries Had Net Fixed

question 70

Multiple Choice

At the beginning of this year,Blauser Industries had net fixed assets of $21,506 and total assets of $32,687.At year's end,net fixed assets are $20,492 and total assets are $32,915.The annual depreciation expense is $1,520.What is net capital spending for this year?

• A)−$850
• B)$506
• C)−$1,292
• D)−$2,534
• E)$1,748

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