14 What's the depreciation expense based on the information below? Depreciation (percent of sales): 4% . Revenues: 60,000 Gross profit: 25,000 . PP&E: 40,000 2,400 2,600 1,000 1,600 Page 14 of 15 um.com/Assess.aspx?guid=CC40F2E4A26340B68B525DBE60F3D0F8&a=M1 TO 13 What's the retained earnings end of period based on the information below? . Retained earnings beginning of period: 7,500 . Net income: 2,300 Dividends paid: 1,700 7,400 6,900 8,100 11,500