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Gaurav Theaters 2013 balance sheet showed net fixed assets of $1.42 million, and the 2014 balance sheet showed net fixed assets of $1.69 million. The
Gaurav Theaters 2013 balance sheet showed net fixed assets of $1.42 million, and the 2014 balance sheet showed net fixed assets of $1.69 million. The companys 2014 income statement showed a depreciation expense of $145,000. What was net capital spending for 2014?
a. $145,000
b. $270,000
c. $139,000
d. $415,000
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