Question: $344,000. Cash is calculated as a plug value by subtracting assets from projected total assets. Total assets equals total liabilities and equity. 2017 2016 Total

$344,000. Cash is calculated as a plug value by subtracting assets from projected total assets. Total assets equals total liabilities and equity.

2017

2016

Total revenue

$102,500

$99,400

Property, plant, equipment, gross

41,300

38,700

Property, plant, equipment, net

16,540

14,905

Depreciation expense

1,935

1,655

If revenue growth is projected to be 5%, the 2018 forecasted depreciation expense to be added back on the statement of cash flows is:

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