In its Year 5 annual report, Allen Company reports the following (in thousands): Year 5 Year 4 $82,000 $79,520 33,040 30,960 13,232 11,924 1,324 Total revenue Property, plant, equipment, gross Property, plant, equipment, net Depreciation expense 1,548 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: a. None of these are correct b. $1,718 thousand c. $1,548 thousand d. $1,652 thousand e. $1,625 thousand

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