Compute the book value of the fixed asset disposals the


KXYW Broadcasting Company reported net fixed assets of $48 million at December 31, 20X5, and $53 million at December 31, 20X6. During 20X6, the company purchased fixed assets for $10 million and had $4 million of depreciation. Compute the book value of the fixed asset disposals during 20X6.

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Accounting Basics: Compute the book value of the fixed asset disposals the
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