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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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