Examine the values for depreciation in 2022 and net fixed assets in 2021 and 2022. What was Fincorp’s gross investment in plant and equipment during 2022?

The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ending in either 2021 or 2022. All values are in thousands of dollars.

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Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $4,000 1,600 500 300 500 150 400 300 400 5,000 2,000 1,000 410 800 2022 $4,100 1,700 520 350 550 150 420 350 450 5,800 2,400 600 410 300