Question: I need help with this financial accounting question using standard accounting techniques. Majestic Gear Inc. began the year with net fixed assets of $1,200 and

I need help with this financial accounting question using standard accounting techniques.

Majestic Gear Inc. began the year with net fixed assets of $1,200 and ended with net fixed assets of $1,350. The firm also sold $150 in assets during the year. Depreciation was $60, and interest expenses were $40. What is the firm's net capital spending for the year? A) $180 B) $210 C) $360 D) $490

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