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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2017 and 2018, while the income statement items

The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2017 and 2018, while the income statement items correspond to revenues or expenses during the year ending in either 2017 or 2018. All values are in thousands of dollars.

2017 2018
Revenue $

4,400

$ 4,500
Cost of goods sold

1,500

1,600
Depreciation 480 500
Inventories 290 320
Administrative expenses 530 580
Interest expense 210 210
Federal and state taxes* 530 550
Accounts payable 280 340
Accounts receivable 440 480
Net fixed assets 4,500 5,270
Long-term debt 2,800 3,240
Notes payable 896 610
Dividends paid 440 440
Cash and marketable securities 870 510

* 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.

Examine the values for depreciation in 2018 and net fixed assets in 2017 and 2018. What was Fincorps gross investment in plant and equipment during 2018? (Enter your answer in dollars, not thousands of dollars.)

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