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The statement of financial position of a firm shows beginning Property, plant and equipment non-current assets of $348 200 and ending Property, plant and equipment
The statement of financial position of a firm shows beginning Property, plant and equipment non-current assets of $348 200 and ending Property, plant and equipment non-current assets of $371 920. The depreciation expense for the year is $46 080 and the interest expense is $11 460. What is the amount of net capital spending?
Select one:
a.$23 720
b.$69 800
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