What is the net purchase or sale of fixed assets for period

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Reference no: EM132051069

What is the net purchase or sale of fixed assets for the period given the following information?

Beginning Net Fixed Assets = $14,300,000

Ending Net Fixed Assets = 12,850,000

Accumulated Depreciation = 5,650,000

Depreciation Expense = 1,150,000

a. $1,450,000 net sale

b. $6,800,000 net purchase

c. $300,000 net sale

d. $7,500,000 net purchase

Reference no: EM132051069

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