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18 October, 14:38

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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  1. 18 October, 17:08
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    It is "b" because if u add 84,400+79,900=4,500. 4,500+13,600=18,100. 18,100-14,800=3,300
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