IN January 1993 the Status Quo COmpany was formed. Total assets were $500.000 of which $300,000 consisted of capital assets. Status uses straight-line amortization and in 1993 it estimated its capital assets to have useful lives of 10years. AFtertax income has been $26.000 per year each of the last 10 years. Other assets have not changed since 1993.

A. Compute return on assets at year-end for 1993, 1995, 1998, 2000 and 2002. use 26.000 as the numerator for each year?