In 2011,Kendall Ford,an Automobile Dealership,spent $20,000 on a New Car

Multiple Choice

In 2011,Kendall Ford,an automobile dealership,spent $20,000 on a new car lift for its repair shop,$2,000 on a new copy machine for its sales division,and $600,000 on Ford Motor company stock.Unsold cars and trucks were valued at $400,000 on January 1,2011 and unsold cars and trucks were valued at $900,000 on December 31,2011.What is Kendall Ford's total investment spending in 2011?

A) $22,000
B) $322,000
C) $522,000
D) $1,022,000