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Plato's Foods Has Ending Net Fixed Assets of $84,400 and Beginning

Question 33

Multiple Choice

Plato's Foods has ending net fixed assets of $84,400 and beginning net fixed assets of $79,900.During the year,the firm sold assets with a total book value of $13,600 and also recorded $14,800 in depreciation expense.How much did the company spend to buy new fixed assets?


A) -$23,900
B) $3,300
C) $32,900
D) $36,800
E) $37,400

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