Question: Palin & Daughters had $ 2 6 , 5 0 0 in net fixed assets at the beginning of the year. During the year, the
Palin & Daughters had $ in net fixed assets at the beginning of the year. During the year, the company purchased $ in new equipment. It also sold, at a price of $ some old equipment with a book value of $ The depreciation expense for the year was $ What is the net fixed asset balance at the end of the year?
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