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Micro, Incorporated, started the year with net fixed assets of $ 7 3 , 9 2 5 . At the end of the year, there

Micro, Incorporated, started the year with net fixed assets of $73,925. At the end of the year, there was $94,775 in the same account, and the company's ince statement showed depreciation expense of $12,225 for the year. What was the company's net capital spending for the year?
0136:44
Multiple Choice
$20,850
$38,560
$33,075
$82,550
$40,970
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