000, and the Docember 31, 2016 Rotweiler Obedienoe School\'s December 31, 2015,
ID: 2817138 • Letter: 0
Question
000, and the Docember 31, 2016 Rotweiler Obedienoe School's December 31, 2015, balance stteet showed net fixed assets of $1,805, balance shect showed net foxed asscts of $2,200,000. The company's 2016 income st What was the company's net capital spending for 2016? (Enter your answer in dollars, not millions ot dollars, e.g 1,234,587. Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) Net capital spending atement showed a depreciation expense of $337,000Explanation / Answer
Net Capital Spending = Ending Net Fixed Assets - Beginning Net Fixed Assets + Depreciation
Net Capital Spending = 2,200,000 - 1,805,000 + 337,000
Net Capital Spending = $732,000
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