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Use the information and data below to answer the following questions: At the beginning of 2020, Peter's Perfectly Prickly Piercing Parlour had $6 500 worth
Use the information and data below to answer the following questions: At the beginning of 2020, Peter's Perfectly Prickly Piercing Parlour had $6 500 worth of bellybutton and eyebrow rings on hand, 2 computers (each worth $1 100), 1 cash register worth $120, electrical equipment worth $700, and one piercing needle worth $800. At the end of 2020, they had $7 000 worth of bellybutton and eyebrow rings, a new high speed computer worth $3 200 (they had to throw out the old ones), the same cash register, which was now worthless, electrical equipment worth $900, and they had upgraded the needle at a cost of $1 000 which was valued at $1 500. Capital at the beginning of 2020 is equal to $ |:|. Capital at the end of 2020 is equal to $ |:|. Gross investment in 2020 is equal to $ |:| . Depreciation in 2020 is equal to $ |:|
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