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Aker Company had beginning net fixed assets of $670,000 and ending net fixed assets of $910,000. Assets valued at $75,000 were sold during the year.

Aker Company had beginning net fixed assets of $670,000 and ending net fixed assets of $910,000. Assets valued at $75,000 were sold during the year. Depreciation was $62,000. What is the amount of net capital spending?

A) $240,000

B) $315,000

C) $302,000

D) $377,000

E) $227,000

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