CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN: 9780357110362
Author: Murphy
Publisher: CENGAGE L
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A firm had fixed assets of $16,000 at the beginning of the year and $19,000 at the end of the year. You also know that the firm sold $7,000 in fixed assets over the year. How much in fixed assets must they have purchased?
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