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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items

The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars.

2015 2016
Revenue $

4,700

$ 4,800
Cost of goods sold

1,300

1,400
Depreciation 410 430
Inventories 250 295
Administrative expenses 440 490
Interest expense 240 240
Federal and state taxes* 680 700
Accounts payable 250 295
Accounts receivable 350 425
Net fixed assets 4,100 4,740
Long-term debt 1,700 2,150
Notes payable 870 530
Dividends paid 470 470
Cash and marketable securities 840 380

* Taxes are paid in their entirety in the year that the tax obligation is incurred.

Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed.

A .Examine the values for depreciation in 2016 and net fixed assets in 2015 and 2016. What was Fincorps gross investment in plant and equipment during 2016? (Enter your answer in dollars, not thousands of dollars.)

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