I am having trouble determining how they came up with 1,000 for the depreciation expense.

7) Ann Via founded a business on January 1, 20XY, when she invested $10,000 in cash in the business in exchange for all of the company's common stock. On January 3 she received an additional $20,000 from the local bank on a ve-year loan. She bought a warehouse for $120,000 and signed a mortgage loan for the full amount of the building. The building was to last ten years. Assuming that she had no revenues or expenses in the rst month of operations other than depreciation, what was her Cash Flow from Operating Activities for the month of January, 20XY? Your answer : 0 lflll in the blank) Correct. The answer is 0. Wa's net income for the month was: Sales 0 Expenses: Depreciation 1 .000 Other 0 Net Loss (1,000) Add non-cash expenses 1,000 Cash Flow from Operations 0 Click next to continue