(Answered) Yuma inc reported gross fixed assets in 2015 of 10520000

Management Studies

Yuma Inc. reported gross fixed assets in 2015 of $10,520,000 and net fixed assets in 2015 of 6,240,000. Yuma Inc. reported gross fixed assets in 2014 of 9,875,000 and net fixed assets in 2014 of 6,225,000. Assuming that Yuma Inc. did not sell any log term assets in 2015, what did Yuma inc report as depreciation expense on its 2015 income statement?

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