What is one action an employer can take to lower wage levels?
a. hire only union workers.
b. hire workers with more experience.
c. replace some workers with machines.
d. stop wage discrimination.

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?