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A company had beginning net fixed assets of $261,000 and ending net fixed assets of $298,000. Assets valued at $15,000 were sold during the year.

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A company had beginning net fixed assets of $261,000 and ending net fixed assets of $298,000. Assets valued at $15,000 were sold during the year. Depreciation was $14,000. What is the amount of net capital spending? $48,000 $51,000 $54,000 $57.000 O $60,000

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