If an investment company started in business with $1,000,000 of capital on January 1 and, because of

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Question:

If an investment company started in business with $1,000,000 of capital on January 1 and, because of mismanagement, lost an average of $872 every day for a year, what would be its financial situation on the last day of the year? Assume that there are 365 days in a year.