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In its Year 5 annual report, Allen Company reports the following in thousands): Total revenue Property, plant, equipment, gross Property, plantequipment, net Depreciation expense Year

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In its Year 5 annual report, Allen Company reports the following in thousands): Total revenue Property, plant, equipment, gross Property, plantequipment, net Depreciation expense Year 5 Year 4 $123,000 $119,280 49,560 46440 19,848 17.886 2.322 1.986 if revenue growth is projected to be 5%, the Year 6 forecasted depreciation expense to be added back on the statement of cash flows is: Select one 3. $2,577 thousand b. 52,438 thousand 52,322 thousand d. $2,478 thousand e. None ol these are correct

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