Industrial Incorporated has shareholders equity of 2,000, current assets of $675, current liabilities of $400, and fixed assets of $1,900. long-term Liabilities must total

Question 17 options:

	$500
	$325
	$350
	$575
	$425

In 2023, Amalgamated Industries' net fixed assets decreased from $490,000 to $440,000. depreciation expense for the period was $120,000. What was Net Capital Spending for 2023?

Question 18 options:

	$310,000
	$370,000
	$320,000
	$70,000
	($170,000)