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22c1 Consider the following abbreviated financial statements for Parrothead Enterprises: 2014 and 2015 Partial Balance Sheets Current assets PARROTHEAD ENTERPRISES Net fixed assets Assets 2015
22c1
Consider the following abbreviated financial statements for Parrothead Enterprises: 2014 and 2015 Partial Balance Sheets Current assets PARROTHEAD ENTERPRISES Net fixed assets Assets 2015 2014 977 909 3,632 4.171 Liabilities & Owners' Equity Current liabilities Long-term debt PARROTHEAD ENTERPRISES 2015 Income Statement Sales 2015 2014 Costs 12,840 2,077 2,131 Interest 5.487 399 488 Depreciation 1,026 134 In 2015, Parrothead Enterprises purchased $1,276 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell Step by Step Solution
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