What is the amount of the net capital spending for 2010?
A)-$290
B)$795
C)$1,080
D)$1,660
E)$2,165

Question

Quizplus · Accepted Answer

The net capital spending for 2010 is calculated as follows: 
Net capital spending = (Ending net fixed assets - Beginning net fixed assets) + depreciation 
Substituting the values from the table, we get: 
Net capital spending = ($6,000 - $5,720) + $800 
Net capital spending = $280 + $800 
Net capital spending = $1,080 
Therefore, the correct answer is choice C, $1,080.

What Is the Amount of the Net Capital Spending for 2010