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Company A started the year with net fixed assets of $64,800. At the end of the year, there was $86,000 in the same account. If

Company A started the year with net fixed assets of $64,800. At the end of the year, there was $86,000 in the same account. If the company's net capital spending for the year was $34,090, what was the company's depreciation expense shown on the income statement for the year?

a.

$39,575

b.

$30,710

c.

$12,890

d.

$51,910

e.

$21,200

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