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7 Kerch Company had beginning net fixed assets of $216,486, ending net fixed assets of $211,659, and depreciation of $40,417. During the year, the company
7 Kerch Company had beginning net fixed assets of $216,486, ending net fixed assets of $211,659, and depreciation of $40,417. During the year, the company sold fixed assets with a book value of $7,930. How much did the company purchase in new fixed assets? Multiple Choice $35,590 $34,174 $41,357 $43,520 $32,487
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