Answer:
Company spend to buy new fixed assets = $36,800
Explanation:
Given:
Ending net fixed assets = $98,700
Beginning net fixed assets = $84,900
Total book value = $13,200
Depreciation expense = $9,800
Now,
Company spend to buy new fixed assets
= ending net fixed asset + sold asset book value + depreciation - begnning net fixed asset
or
Company spend to buy new fixed assets
= $98,700 + $13,200 + $9,800 - $84,900
or
Company send to buy new fixed assets = $36,800
