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ABC Corporation had net fixed assets of $2,000,000 at the end of 2019 and $1,800,000 at the end of 2018. In addition, the firm had
ABC Corporation had net fixed assets of $2,000,000 at the end of 2019 and $1,800,000 at the end of 2018. In addition, the firm had depreciation expense of $200,000 during 2019 and $180,000 during 2018. Using this information, ABC's net fixed asset investment for 2019 it was (Choose the correct answer. Show all your computations according to the instructions). a. $380,000 b. $400,000 c. $0 d. $20,000
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