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Determine the sbm net fixed asset investment

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Question - SBM Corp. had net fixed assets of $2,500,000 at the end of 2020 and $1,950,000 at the end of 2019. In addition, SBM had a depreciation expense of $300,000 during 2020 and $180,000 during 2019. Using this information, determine the SBM net fixed asset investment for 2020?

Reference no: EM133109065

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