Home / Questions / The following long-term asset accounts appeared.
The following long-term asset accounts appeared in the Creech, Inc. balance sheets for the years ending December 31, 2009 and 2010:
2009 2010
Gross fixed assets
$11,573,132 $16,591,507
(Accumulated depreciation)
(2,625,828) (4,595,036)
Assuming that the company did not sell any long-term assets in 2010 what did Creech report as Depreciation expense on its 2010 income statement?
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