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Simon's Hot Chicken purchased its building seven years ago at a price of $140,075. The building could be sold for $179,875 today. The company spent
Simon's Hot Chicken purchased its building seven years ago at a price of $140,075. The building could be sold for $179,875 today. The company spent $66,475 on other fixed assets that could be sold for $58,725. The company has accumulated depreciation of $80,375 on its fixed assets. Currently, the company has current liabilities of $37,150 and net working capital of $18,825. What is the ending book value of net fixed assets? Multiple Choice $126,175 O O $169,400 o O $163,325 $158,225 O O $206,550
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