Macroeconomics 12th Edition by Michael Parkin

تمرين 1

Use the following data to work Problem.
Michael is an Internet service provider. On December 31, 2014, he bought an existing business with servers and a building worth $400,000. During 2015, his business grew and he bought new servers for $500,000. The market value of some of his older servers fell by $100,000.
What was Michael's gross investment, deprecia­tion, and net investment during 2015