Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation...

Question

Question

Websters has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation expense of $48,85

Answer 1

Answer #1

Capital Spending = (Ending Asset - Initial Asset) + Depreciation

Capital Spending = (679,426 - 684,218) + 48,859

Capital Spending = $44,067

Answer 2

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