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Swell, Inc. had net fixed assets of $6.5 million on December 31, 2017 and $11 million on December 31, 2018. If Swell's depreciation expense for
Swell, Inc. had net fixed assets of $6.5 million on December 31, 2017 and $11 million on December 31, 2018. If Swell's depreciation expense for 2018 was $750,000, what was the firm's 2018 capital spending? A. $3.75 million B. $4.25 million C. $4.50 million D. $5.25 million E. $6.75 million
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