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The financial information for Airbrush Inc for 2006 and 2007 2006: Gross PP&E: $4,000; accumulated depreciation: $1.200; net PP&E: $2.800 2007: Gross PP&E:$5,000; accumulated depreciation:

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The financial information for Airbrush Inc for 2006 and 2007 2006: Gross PP&E: $4,000; accumulated depreciation: $1.200; net PP&E: $2.800 2007: Gross PP&E:$5,000; accumulated depreciation: $1,300; net PP&E: $3.700 There were no sales of PPSE during the year; depreciation expense was $100. Calculate Airbrush Fixed Capital Investment for 2007 $900 $1,000 $1.100 o Save 3 5 6

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