Calculate the depreciation expense
You are given the following information for Calvani Pizza Co.: sales = $52,000; costs = $27,300; addition to retained earnings = $5,300; dividends paid = $1,800; interest expense = $4,900; tax rate = 35 percent. Calculate the depreciation expense.
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You are given the information for Calvani Pizza Co.: sales = $52,000; costs = $27,300; addition to retained earnings = $5,300. Calculate the depreciation expense.
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