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Teddy's Pillows had beginning net fixed assets of $459 and ending net fixed assets of $526. Assets valued at $307 were sold during the year.

Teddy's Pillows had beginning net fixed assets of $459 and ending net fixed assets of $526. Assets valued at $307 were sold during the year. Depreciation was $18. What is the amount of net capital spending?

Multiple Choice

  • $392

  • $49

  • $67

  • $85

  • $237

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