Determine the amount of the average investment for a proposed investment of $74,820.

Determine the amount of the average investment for a proposed investment of $74,820.00 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $25,067.00 for the 4 years (round to two decimal points).

Select the correct answer.

$18,705.00