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Teddy's Pillows Has Beginning Net Fixed Assets of $480 and Ending

Question 20

Multiple Choice

Teddy's Pillows has beginning net fixed assets of $480 and ending net fixed assets of $530.Assets valued at $300 were sold during the year.Depreciation was $40.What is the amount of capital spending?


A) $10
B) $50
C) $90
D) $260
E) $390

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