Silly Serrano Inc. has decided to purchase new capital equipment costing $480,000 cash in the next fiscal year. They also intend on selling their old equipment for $36,000 cash.

Prepare the capital budget for Silly Serrano Inc. for their upcoming year-end (September 30, 2019). Do not enter dollar signs or commas in the input boxes. Use the negative sign for values that must be subtracted.

Silly Serrano Inc. Capital Budget for year-ending September 30, 2019
Capital Expenditures	$Answer
Sale of Capital Assets	$Answer
Total Capital Expenditures	$Answer