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What is the amount of net capital spending

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Question - Clark-Phillips, Incorporated, purchased $145,000 in new equipment and sold equipment with a net book value of $68,400 during the year. What is the amount of net capital spending if the depreciation was $38,600?

Reference no: EM133190140

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What is the amount of net capital spending : Clark-Phillips, Incorporated, purchased $145,000 in new equipment. What is the amount of net capital spending if the depreciation was $38,600
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