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Consider the selected balance sheet data for Chamberlain, Inc provided below. For 2021 Sales, Depreciation and Interest Expenses are respectively $1,850,000, $127,500 and $35,000. Operating
Consider the selected balance sheet data for Chamberlain, Inc provided below.
For 2021 Sales, Depreciation and Interest Expenses are respectively $1,850,000, $127,500 and $35,000. Operating Cash Flows for the year were $907,075, and Cash Flows from Assets were $330,075. What were Net Fixed Assets in 2020?
Group of answer choices
$1,375,000
$1,767,500
$1,247,500
$2,415,000
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