A Corporation had net fixed assets of $2,000,000 at the end of 2019 and $1,800,000 at the end of 2018. In addition, the firm had a depreciation expense of $200,000 during 2019 and $180,000 during 2018. Using this information, the corporation's net fixed asset investment for 2019 was

Asset Account entries:

Opening Net balance (2019) $2,000,000

Less depreciation (2019) - $200,000

Closing net balance (2019) $1,800,000

Opening Net balance (2020) $1,800,000

Add investment in Assets?

Less depreciation (2020) - $180,000

Closing net balance (2020) $1,800,000

Investment in Assets (2020) = closing net Assets + depreciation - opening net assets

= $1,800,000 + $180,000 - $1,800,000

= $180,000.