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(f) Using Income Statements Given the following information for Gandolinno Pizza Co., calculate the depreciation expense: sales = $61,000,, costs = $29,600, addition to retained

(f) Using Income Statements

  • Given the following information for Gandolinno 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 + 35 percent.

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