Elsinore Nurseries had sales last year of $212,000 and costs of $136,350. The addition to retained earnings was $15,000, the firm paid interest of $5,100 and dividends of $5,000 were paid. The firm's tax rate is 20%. What is the amount of the depreciation expense incurred by the firm for last year? O $45,550 O $39,300 $36,350 O $15,250 $31,300