Suppose La Frutta Inc. is looking at its financials. It has depreciation of $4.6 million and started the year with net fixed assets of $33.4 million. If the division adds cash flows of $2.9 million during the year, what will be the value of its end of year net fixed assets?

Question 12 options:

$25.9 million

$31.7 million

$38.0 million

$36.3 million