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The amount of the average investment for a proposed investment of $124,000 in a fixed asset with a useful life of 4 years, straight-line depreciation,
The amount of the average investment for a proposed investment of $124,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $31,700 for the 4 years is
a.$31,700
b.$31,000
c.$62,000
d.$7,925
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