Last year the pizza joint added 4100 to retained earnings


Last year, The Pizza Joint added $4,100 to retained earnings from sales of $93,600. The company had costs of $74,400, divideneds of $2,500, and interest paid of $1,400. The tax rate was 34 percent. What was the amount of the depreciation expense?

A. $7,300

B. $7,500

C. $7,800

D. $8,100

E. $8,400

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Financial Management: Last year the pizza joint added 4100 to retained earnings
Reference No:- TGS02326095

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