An Enterprice Fund iwsued bonds in the amount of $$80,000$ and immediately acquired capital assets from the bond proceeds plus a cash down payment of $$40,000.$ The assets acquired are at a cost of $$120,000.$ As of December $31,2024,$ accumilated depreciation on the assets was $$10\mathrm{.}000.$ Also, as of December $31.2024,$ the Enterprise Fund had paid back $$20,000$ of the debt principal. In its December $31,2024,$ statement of net position, how much should the Fund report as net investment in capital assets?

$550000$

semires

$510000$

$$110000$