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10 The information below is from CZL's financial statements: Gross fixed assets in Year 1 = 20,000 . Gross fixed assets in Year 2 =

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The information below is from CZL's financial statements: Gross fixed assets in Year 1 = 20,000 . Gross fixed assets in Year 2 = ??? Net fixed assets in Year 1 = 15,200 Net fixed assets in Year 2 = 16.200 If CZL's depreciation expense for Year 2 was $1,300, the CZL's gross fixed assets for Year 2 were $____ . 1) 22,500 2) 22.300 3) 22.700 4) 22,400 5) 22,600 TCL

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