7

Avery-Vinton Corp. reported net fixed assets of $675,000 and $729,000 on its 20Y4 and 20Y5 balance sheets, respectively. Avery-Vinton also reported deprecation expense of $44,000 on its income statement for the year ending 20Y5. What was the capital spending for Avery-Vinton during 20Y5?

Select one:

a. $44,000

b. $54,000

c. $98,000

d. $144,000