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Question
On January 1, Derek had CD recording devices valued at $30,000. During the year, the value of Derek's devices depreciated by $20,000. He spent $30,000 on new devices. Derek's net investment was ________ and at the end of the year Derek had capital valued at ________.A) $10,000; $40,000
B) $30,000; $40,000
C) $20,000; $60,000
D) $40,000; $70,000
E) $10,000; $60,000
Answer
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Related questions
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