Last year, Bad Tattoo Company had additions to retained earnings of $5,460 on sales of $97,520. The company had costs of $77,040, dividends of $3,460, and interest expense of $2,680. If the tax rate was 21 percent, what the depreciation expense?

• $6,509

• $8,920

• $5,633

• $12,558

• $4,682