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QUESTION 2 TaxAct company had beginning net fixed assets of $305,000 and ending net fixed assets of $480,000. Assets valued at $17,000 were sold during

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QUESTION 2 TaxAct company had beginning net fixed assets of $305,000 and ending net fixed assets of $480,000. Assets valued at $17,000 were sold during the year. Depreciation was $28,000. What is the amount of net capital spending? $249,000 $28,000 $305,000 $172,000 $203,000

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