Rotweiler obedience schoolrsquos december 31 2013 balance, Ask an Expert

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Rotweiler Obedience School’s December 31, 2013, balance sheet showed net fixed assets of $1,765,000, and the December 31, 2014, balance sheet showed net fixed assets of $2,120,000. The company’s 2014 income statement showed a depreciation expense of $329,000. (Enter your answer as directed, but do not round intermediate calculations.) Required: What was Rotweiler’s net capital spending for 2014? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).) Net capital spending $

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Financial Management, Finance

Category:- Financial Management
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