In 2011, Kendall Ford, an automobile dealership, spent $20,000 on a new car lift for its repair shop, $4,000 on a new copy machine for its sales division, and $600,000 on Ford Motor company stock. Unsold cars and trucks were valued at $110,000 on January 1, 2011, and unsold cars and trucks were valued at $95,000 on December 31, 2011. What is Kendall Ford's total investment expenditure in 2011? Select one: $9,000 $7.000 $67,000 $177,000