Timed Test This test has a time limit of 1 hour and 30 minutes. You will be notified when time expires, and you may continue or submit. Warnings appear when half the time, 5 minutes, 1 minute and 30 seconds remain Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed later. The timer will continue to run if you leave the test. Remaining Time: 1 hour, 15 minutes, 15 seconds. Question Completion Status: -> Moving to another question will save this response. Question 6 of 34 >> Question 6 4 points Save Answer At the end of last year (beginning of this year) ABC Company reported net fixed assets of $44,377 and at the end of the year it reported net fixed assets of $49,202. During the year the company sold fixed assets with a book value of $844 for $524. ABC also charged $7,260 in depreciation expenses against its earnings. How much did ABC spend to acquire new fixed assets during the year? Assume that all new fixed assets were acquired for cash. Note that even though your answer will represent a cash outflow for purchasing new fixed assets, you should present your result as a positive value. -12929 Moving to another question will save this response. > a (6).mp4 - a (5).mp4 A a (4).mp4 A D Statement of Cas....pptx Show all 131 PM 3/4/2020