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QUESTION
6 Avery-Vinton Corp. reported net fixed assets of $675,000 and $729,000 on its 20Y4 and 20Y5 balance sheets, respectively.
6
Avery-Vinton Corp. reported net fixed assets of $675,000 and $729,000 on its 20Y4 and 20Y5 balance sheets, respectively. Avery-Vinton also reported deprecation expense of $44,000 on its income statement for the year ending 20Y5. What was the capital spending for Avery-Vinton during 20Y5?
Select one:
a. $44,000
b. $54,000
c. $98,000
d. $144,000
