In January 2017, Tim's Gyms, Inc

question 39

Multiple Choice

In January 2017, Tim's Gyms, Inc.owned machines valued at $1 million.During the year, the market value of the machines fell by 30 percent.During 2017, Tim spent $200,000 on new machines.During 2017, Tim's net investment was

• A)$500,000.
• B)$100,000.
• C)- $100,000.
• D)$200,000.
• E)$300,000.

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