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QUESTION
Rotweiler Obedience School's December 31, 2013, balance sheet showed net fixed assets of $1,635,000, and the December 31, 2014, balance sheet showed...
Rotweiler Obedience School's December 31, 2013, balance sheet showed net fixed assets of $1,635,000, and the December 31, 2014, balance sheet showed net fixed assets of $1,976,000. The company's 2014 income statement showed a depreciation expense of $305,000.
