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The amount of the average investment for a proposed investment of $120,000 in a fixed...

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Accounting

The amount of the average investment for a proposed investment of $120,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $21,600 for the 4 years, is Select one: a. $30,000 b. $21,600 c. $5,400 d. $60,000

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