Awnings Incorporated has beginning net fixed assets of $560 and ending net fixed assets of $720. Assets valued at $210 were sold during the year. Depreciation was $50. What is the amount of capital spending?
A) $110
B) $160
C) $210
D) $300
E) $420

Question

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The Answer of Awnings Incorporated has beginning net fixed assets of $560 and ending net fixed assets of $720. Assets valued at $210 were sold during the year. Depreciation was $50. What is the amount of capital spending?
A) $110
B) $160
C) $210
D) $300
E) $420

Awnings Incorporated Has Beginning Net Fixed Assets of $560 and Ending