Problem:
Pearson Brothers recently reported an EBITDA of $6.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%.
Required:
Question 1: What was its charge for depreciation and amortization?
Question 2: Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.
Note: Please provide full description.