What is the net purchase or sale of fixed assets for the period given the following information?
Beginning Net Fixed Assets = $14,300,000
Ending Net Fixed Assets = 12,850,000
Accumulated Depreciation = 5,650,000
Depreciation Expense = 1,150,000
a. $1,450,000 net sale
b. $6,800,000 net purchase
c. $300,000 net sale
d. $7,500,000 net purchase