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The amount of the average investment for a proposed investment of $118,000 in a fixed asset with a useful life of four years, straight-line depreciation,
The amount of the average investment for a proposed investment of $118,000 in a fixed asset with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $24,300 for the four years is
a.$6,075
b.$29,500
c.$24,300
d.$59,000
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