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Help Sav Competitive Sports, Inc. is a leading developer and manufacturer of sports equipment as well as related apparel. The following Information was reported in

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Help Sav Competitive Sports, Inc. is a leading developer and manufacturer of sports equipment as well as related apparel. The following Information was reported in the notes to the company's financial statements for a recent fiscal year (in thousands of dollars): Property, Plant, and Equipment, Net Property, plant, and equipment, net, consisted of the following: March 31, March 31, Year 5 Year 4 Property, plant, and equipment, at cost summarized) $ 66,388 $ 43,580 Less: Accumulated depreciation (19,337) (18,258) Total property, plant, and equipment, net $ 47,051 $ 25,322 Required: 1. Assuming that the company did not sell any property, plant, and equipment in year 5. what was the amount of depreciation expense recorded in that year? (Enter your answer in thousands of dollars.) Depreciation expense 2. Assume that the company failed to record depreciation in year 5. Indicate the effect of the error (.e., overstated or understated) on the following ratios: (a) earnings per share. (b) fixed asset turnover ratio. (c) current ratio, and (c) return on equity. (Select "No effect" from the dropdown if there is no effect for a particular transaction.) Effect on Ratio Ratio (a) Eamings per share (b) Fixed asset turnover ratio (c) Current ratio (d) Return on equity

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