Jones Hospital

Financial Information

	December 2009	December 2010
Excess of Revenue Over Expenses	$2,000	$4,000
Accounts receivable	750	950
Accumulated depreciation	1,000	1,500
Permanently Restricted Net Assets	4,500	5000
Net Assets Released from Restriction	7,500	8500
Accrued Expenses	1,500	3,500
Accounts payable	750	750

Based on the information in Table 1, assuming that no assets were disposed of during 2010, the amount of depreciation expense was

A) It is impossible to determine due to the lack of information.

B) $500.

C) $2,500.

D) $1,500.