A firm has net fixed assets of

$8

million on December 31,2014 and

$14.5

million on December 31,2015 . If the depreciation expense for 2014 was

$630,000

( 63 million), what was the firm's 2015 capital spending?\ A)

$8.63

million\ B)

$22.50

million\ C)

$6.50

million\ D) 7.13 million\ E)

$23.13

million

A firm has net fixed assets of $8 million on December 31, 2014 and $14.5 million on December 31, 2015. If the depreciation expense for 2014 was $630,000 ( 63 million), what was the firm's 2015 capital spending? A) $8.63 million B) $22.50 million $6.50 million D) 7.13 million E) $23.13 million