Question 1 of 30 K Michael is an Internet service provider. On December 31, 2018, he bought an existing business with servers and a building worth $400,000. During 2019, he bought new servers for $300,000. The market value of his older servers fell by $50,000. What was Michael's gross investment, depreciation, and net investment during 2019? What is Michael's capital at the end of 2019? Michael's gross investment during 2019 was $ Michael's depreciation during 2019 was $ Michael's net investment during 2019 was $ Michael's capital at the end of 2019 was $