In 2017, Kendall Ford, an Automobile Dealership, Spent $20,000 on a New

Multiple Choice

In 2017, 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, 2017, and unsold cars and trucks were valued at $900,000 on December 31, 2017.What is Kendall Ford's total investment spending in 2017?

A) $22,000
B) $322,000
C) $522,000
D) $620,000
E) $1,022,000