Multiple Choice
In 2016,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 1,2016 and unsold cars and trucks were valued at $900,000 on December 31,2016.What is Kendall Ford's total investment spending in 2016?
A) $22,000
B) $322,000
C) $522,000
D) $1,022,000
Correct Answer:
Verified
Correct Answer:
Verified
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