What was the depreciation expense for Canine Dimensions in the year ended December 31, 2023?

According to Canine Dimensions' 2025 Franchise Disclosure Document, the company's fixed assets consist of an automobile that is recorded at cost and depreciated using primarily the straight-line method over five years. This means that Canine Dimensions recognizes depreciation expense each year for its vehicle. However, the specific amount of depreciation expense for the year ended December 31, 2023, is not disclosed in the provided excerpts.

While the FDD mentions the method and timeframe for depreciating the vehicle, it does not provide the actual depreciation expense amount recognized in 2023. This information would typically be found in the company's income statement or notes to the financial statements, which are included as exhibits to the FDD.

A prospective franchisee should review the complete financial statements included as exhibits to the 2025 FDD to find the depreciation expense for 2023. If this information is not explicitly stated, it would be prudent to ask the franchisor directly for the depreciation expense amount to gain a clearer understanding of the company's financial performance and expense management.