Annie runs a fitness center. On December 31, 2014, she bought an existing business with
exercise equipment and a building worth $300000. During 2015, business improved and
she bought some new equipment for $50000. At the end of 2015, her equipment and
buildings were worth $325000. Calculate Annie’s gross investment, depreciation, and net
investment during 2015.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
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