Determine how much gross fixed assets did abc buy or sell

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Reference no: EM131913207

ABC started the year with 3,200,000 of net fixed assets and ended the year with 2,812,000 of net fixed assets.

Depreciation expenses during the year were 427,000. How much gross fixed assets did ABC buy or sell during the year? (If they sold assets, be sure and put a negative sign in front of the answer).

Reference no: EM131913207

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