Polaris Industries is forecasting its financial statements for Year 6.Selected financial information for Year 5 is provided in the table.In Year 6 Polaris Industries is planning to invest $50 million in CAPEX.The average depreciation rate is 12%.What is the forecasted depreciation expense in Year 6?
Selected Financial Information
Polaris Industries Inc.($000s) 
A) $26,844
B) $26,824
C) $30,280
D) $31,624
E) $32,680
Correct Answer:
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