7. The balance sheets of Davidson Corporation reported net fixed assets of $328,000 at the end of 2016. The. fbxed-asset turnover ratio for 2016 was 5.0, and sales for the year totaled $1,485,000. Net foxed assets at the end of 2015 were: O None of these answer choices are correct. O $266,000 O $235,000 O $297000. MacBook Air esc 0 F2 F6 2 3 4