Question: PLEASE ANSWER SOON!! Question 13 (5 points) Listen Mertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, Year 1

PLEASE ANSWER SOON!!

Question 13 (5 points) Listen Mertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, Year 1 and December 31, Year 2 look as follows: Net fixed assets Year 1 Year 2 $1,393,000 $1,660,000 On its Year 2 Income statement, Mertis recorded depreciation expense of $148,500. What amount of cash did Mertis spend in Year 2 on new fixed assets? Record your answer as a whole number without a dollar sign and without commas, for example, record $32,400 as 32400.

Mertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, Year 1 and December 31, Year 2 look as follows: On its Year 2 Income statement, Mertis recorded depreciation expense of $148,500. What amount of cash did Mertis spend in Year 2 on new fixed assets? Record your answer as a whole number without a dollar sign and without commas, for example, record $32,400 as 32400

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