Kerch Company had beginning net fixed assets of $216,518, ending net fixed assets of $211,687, and depreciation of $40,441. During the year, the company sold fixed assets with a book value of $7,978. How much did the company purchase in new fixed assets? Multiple Choice $35,610 $41,425$34,242 $43,588 Multiple Choice $35,610 $41,425 $34,242 $43,588 $32.463