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Micro, Inc, started the year with net fixed assets of $74,550. At the end of the year, there was $95,650 in the same account, and

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Micro, Inc, started the year with net fixed assets of $74,550. At the end of the year, there was $95,650 in the same account, and the company's income statement showed depreciation expense of $12,700 for the year. What was the company's net capital spending for the year? Mutiple Choice 582,950 521400 539285 $37.800 $41695

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