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An enterprise had beginning net fixed assets of $415,500 and ending net fixed assets of $502,000. Assets valued at $76,000 were sold during the year.
An enterprise had beginning net fixed assets of $415,500 and ending net fixed assets of $502,000. Assets valued at $76,000 were sold during the year. Depreciation was $33,000. What is the amount of net capital spending? $119,500 $121,000 $122,500 $124,000 $125,500
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