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In January 2017, Tim's Gyms, Inc

Question 5

Multiple Choice

In January 2017, Tim's Gyms, Inc.owned machines valued at $1 million.During the year, the market value of the machines fell by 30 percent.During 2017, Tim spent $200,000 on new machines.During 2017, Tim's gross investment was


A) $1 million.
B) $900,000.
C) $100,000.
D) $200,000
E) $300,000.

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