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10 10 points eBook References You are given the following information for Ted's Dread Co.: sales = $86,500; costs = $59,700; addition to retained earnings

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10 10 points eBook References You are given the following information for Ted's Dread Co.: sales = $86,500; costs = $59,700; addition to retained earnings = $8,500; dividends paid = $3,620; interest expense = $3,330; tax rate = 25 percent. Calculate the depreciation expense for the company. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Depreciation expense

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