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What are the net fixed assets for the years 2016 and 2017? The net fixed assets for the year 2016 is $ (Round to the

What are the net fixed assets for the years 2016 and 2017?

The net fixed assets for the year 2016 is

$ (Round to the nearest dollar.)

The net fixed assets for the year 2017 is

$ (Round to the nearest dollar.)

image text in transcribed

Fixed assets. Use the data from the following financial statements in the popup window. B. What are the net fixed assets for the years 2016 and 2017? The net fixed assets for the year 2016 is $. (Round to the nearest dollar.) - Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $349,900 Cost of goods sold $141,800 Fixed costs $43,000 Selling, general, and administrative expenses $28.000 Depreciation $46,2001 $14,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $28,000 Accounts payable Inventories $47,800 Long-term debt Fixed assets $368,000 OWNERS' EQUITY Accumulated depreciation (-) $141.400 Retained earnings Intangible assets $82,200 Common stock $18,900 $190,000 $46,000 $131,800 $12,200 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,000 Notes payable Accounts receivable $19,200 Accounts payable Inventories $53,200 Long-term debt Fixed assets $448.000 OWNERS' EQUITY Accumulated depreciation (-) Retained earnings Intangible assets $82,200 Common stock $24,100 $162,000 $60,700 S182,000 Print Done

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