NICO Corporation had net fixed assets of $2,000,000 at the end of 2010 and $1,800,000 at the end of 2009. In addition, the firm had a depreciation expense of $200,000 during 2010 and $180,000 during 2009. Using this information, NICO's net fixed asset investment for 2010 was
A) $20,000.
B) $0.
C) $380,000.
D) $400,000.

Question

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The Answer of NICO Corporation had net fixed assets of $2,000,000 at the end of 2010 and $1,800,000 at the end of 2009. In addition, the firm had a depreciation expense of $200,000 during 2010 and $180,000 during 2009. Using this information, NICO's net fixed asset investment for 2010 was
A) $20,000.
B) $0.
C) $380,000.
D) $400,000.

NICO Corporation Had Net Fixed Assets of $2,000,000 at the End