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Assume a firm has the following characteristics: Revenues = 1,080; Costs = 306; Tax rate = 0.26; Interest Expense = 51; Net Income = 288;

Assume a firm has the following characteristics:

Revenues = 1,080; Costs = 306; Tax rate = 0.26; Interest Expense = 51; Net Income = 288;

What is the amount of Depreciation? Enter value to the nearest penny.

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