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Guru Company has been established since 2015. Total assets were$500,000, of which $300,000 consisted of fixed assets. Guru uses straight-line depreciation, and in 2015 it

Guru Company has been established since 2015. Total assets were$500,000, of which $300,000 consisted of fixed assets. Guru uses straight-line depreciation, and in 2015 it estimated its fixed assets to have useful lives of 10 years. After-tax income has been $26,000 per year each of the last 10 years. Other assets have not changed since 2015. What is ROA for 2015,2016, 2017, and 2018?

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