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The amount of the average investment for a proposed investment of $194,000 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 $194,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $29,300 for the 4 years is
a. $48,500
b. $7,325
c. $97,000
d. $29,300
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