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QUESTION 31 Rayburn Company had net fixed assets of $6,5 million on December 31, 2020 and $11 million on December 31, 2021. If Rayburn's depreciation
QUESTION 31 Rayburn Company had net fixed assets of $6,5 million on December 31, 2020 and $11 million on December 31, 2021. If Rayburn's depreciation expense for 2021 was $750,000, what was the firm's 2021 capital spending? O $5.25 million $4.25 million O $3.75 million O$4.50 million $6.75 million
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