question 12

QUESTION 12 Bulldog, Inc. has the following balance sheet information for the years ending December 31, 2018 and 2017. Dollar amounts are in thousands of dollars. 2018 2017 Cash and equivalents (5000) $ 9,333 $ 10,386 Accounts receivables 8,960 8.350 Inventories 47,041 36,769 Prepaid & other current assets 512 252 Total current assets $ 65,846 $56,264 Fixed assets, net 29.452 19.645 Total assets $ 95,298 $ 75,909 Accounts payable $14,294 Other current liabilities 13.162 Total current liabilities $ 27,461 Long-term debt 21,902 Stockholders' equity 45.935 Total liabilities & stkholders' equity $ 95,298 $ 7,591 12.841 $ 20,432 17,610 37.862 $ 75,909 In addition, Bulldog, Inc. has the following income statement items (dollar amounts are in thousands of dollars: 2018 2017 Net sales (5000) $215,600 $153,000 Cost of goods sold 129,364 91,879 Depreciation expense 3.998 2.984 What was Bulldog, Inc.'s net capital spending for 2018? a $13.805 b. $11,805 OC $9,807 d. $5,809