Barnes Company expects to begin operating on January 1. The company's master budget contained the following operating expense budget: January February MarchSalary Expense $36,000 $36,000 $36,000Sales commissions, 5% of sales 30,000 32,000 24,000Utilities 2,800 2,800 2,800Depreciation on store equipment 1,000 1,000 1,000Rent 7,200 7,200 7,200Misc. 1,800 1,800 1,800Total Operating Expenses $78,800 $80,800 $72,800Sales commissions are paid in cash in the month following the month in which the expense is recognized. All other expense items requiring cash payment are paid in the month in which they are recognized. The amount of accumulated depreciation appearing on the company's March 31 pro forma balance sheet is:A.) $12,000.B.) $3,000.C.) $1,000.D.) $2,000.