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6. Phosphoric Company reported capital assets, net of accumulated depreciation, on January 1, 2017, at $645,000 and $732,500 on December 31, 2017. The income statement

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6. Phosphoric Company reported capital assets, net of accumulated depreciation, on January 1, 2017, at $645,000 and $732,500 on December 31, 2017. The income statement showed depreciation of $48,300 and $5,600 loss on sale of capital assets. Phosphoric Company acquired $213,000 of capital assets during the year. The proceeds from the sale of capital assets were: (1 Point) $125,500 $89,900 $71,600 $77,200

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