Question: For simplicity, assume that Engineered Industries will not pay dividends in 2018 and did not sell any capital equipment. It did purchase $965,000 in capital

For simplicity, assume that Engineered Industries will not pay dividends in 2018 and did not sell any capital equipment. It did purchase $965,000 in capital equipment. Total fixed assets in dollars _____________________at the end of 2018.

Balance Sheet, Engineered Engineered Industries Industries Assets ($1000) on 12/31/2017 Income Statement for 2018 (left side of Fig. 17-2) (top Fig. 17-3)

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