Blockbuster is a video rental and retail chain.Blockbuster is forecasting its financial statements for Year 3.Selected financial information for Years 1 and 2 is provided in the table.In Year 3 Blockbuster is planning to invest $400,000 thousand in CAPEX.The average depreciation rate is 25%.What is the forecasted depreciation expense in Year 3?
Selected Financial Information
Blockbuster Inc.($ '000) 
A) $207,175
B) $270,256
C) $329,750
D) $314,526
E) $455,300
Correct Answer:
Verified
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