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12 3 Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sales = $61,000; costs = $29,600; addition to retained earnings

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12 3 Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sales = $61,000; costs = $29,600; addition to retained earnings = $5,600; dividends paid = $1,950; interest expense = $4,300; tax rate = 21 percent. 4 5 69 Sales 7 Costs 8 Addition to retained earnings $ 9 Dividends paid 10 Interest expense SSSSSS $ 61,000 $ 29,600 5,600 $ 1,950 $ 4,300 11 Tax rate 21% 12 23 13 14 Complete the following analysis. Do not hard code values in your calculations. NOTE: You must enter your calculations in the order numbered in Column B.

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