On January 1, 2015 Terry's Towing Service owned 10 tow trucks valued at $700 comma 000. During 2015 , Terry's bought 10 new trucks for a total of $750 comma 000. At the end of 2015 , the market value of all the firm's trucks was $1 comma 100 comma 000. What was Terry's gross investment? Calculate Terry's depreciation, and net investment.
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