You are examining balance sheets for 2012 and 2013 and you observe that a company's net fixed assets increased from $45 million to $50 million. The income staement states that depreciation was $2 million. If it's the case that the company purchased a total of $10 million in fixed asets during the year, how much must they have sold?
a. $3 million
b. $0
c. $10 million
d. $5 million
e. Cannot be determined from the information given