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Fixed assets. Use the data from the following financial statements in the popup window, LOADING... . What are the net fixed assets for the years

Fixed assets.Use the data from the following financial statements in the popup window,

LOADING...

. What are the net fixed assets for the years 2013 and 2014?

The net fixed assets for the year 2013 is

$nothing.

(Round to the nearest dollar.)The net fixed assets for the year 2014 is

$nothing.

(Round to the nearest dollar.)

Partial Income Statement Year Ending 2014

Sales revenue

$349,900

Cost of goods sold

$142,000

Fixed costs

$42,900

Selling, general, and administrative expenses

$27,800

Depreciation

$46,200

Partial Balance Sheet 12/31/2013

ASSETS

LIABILITIES

Cash

$16,000

Notes payable

$13,800

Accounts receivable

$28,000

Accounts payable

$18,800

Inventories

$48,000

Long-term debt

$190,100

Fixed assets

$368,000

OWNERS' EQUITY

Accumulated depreciation (-)

$142,800

Retained earnings

$44,500

Intangible assets

$81,800

Common stock

$131,800

Partial Balance Sheet 12/31/2014

ASSETS

LIABILITIES

Cash

$26,200

Notes payable

$12,200

Accounts receivable

$19,100

Accounts payable

$24,200

Inventories

$52,800

Long-term debt

$162,100

Fixed assets

$448,000

OWNERS' EQUITY

Accumulated depreciation (-)

Retained earnings

$58,600

Intangible assets

$81,800

Common stock

$181,800

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