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ABC Company had net fixed assets of $2096204 at the end of 2020 and $1793793 at the end of 2019. In addition, the firm had

"ABC" Company had net fixed assets of $2096204 at the end of 2020 and $1793793 at the end of 2019. In addition, the firm had a depreciation expense of $212416 during 2020 and $183729 during 2019. Based on the above-given information, determine CAPEX that must be used in the FCF formula.

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