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Michael is an Internet service provider. On December 3 1 , 2 0 1 5 , he bought an existing business with servers and a

Michael is an Internet service provider. On December 31,2015, he bought an existing business with servers and a building worth $200,000. During 2016, he bought new servers for $300,000 The market value of his older servers fell by $150,000 Michael's gross investment during 2016 was s Michael's depreciation during 2016 was $ Michael's net investment during 2016 was $ Michael's capital at the end of 2016 was $

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