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Fixed assets. Use the data from the following financial statements in the popup window, What are the net fixed assets for the years 2016 and 2017? The net fixed assets for the year 2016 is $ (Round to the nearest dollar.) (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $142,000 Fixed costs $43,000 Selling, general, and administrative expenses $27,900 Depreciation $46,100 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES $15,900 Notes payable $13,800 Cash Accounts receivable $27,800 Accounts payable $19,200 Inventories $190,000 $48,100 Long-term debt OWNERS' $367,900 EQUITY Fixed assets Accumulated Treceivable $27,800 Accounts payable $19,200 Inventories $190,000 $48,100 Long-term debt OWNERS' $367,900 EQUITY Fixed assets Accumulated depreciation (-) $141,200 Retained earnings $45,700 Intangible assets $82,100 Common stock $131,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES $25,900 Notes payable $12,100 Cash Accounts receivable $19,000 Accounts payable $274.100 Inventories $162,200 $52,800 Long-term debt OWNERS' $448,100 EQUITY Fixed assets Accumulated depreciation (-) Retained earnings $59,900 Intangible assets $81,800|Common stock $182,000

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