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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

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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. Sales Costs Addition to retained earnings Dividends paid Interest expense Tax rate 61,000 29.600 5,600 1,950 4.300 21% 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. 61.000 29,600 eason Income Statement Sales Costs ) Depreciation expense 9 EBIT 8) Interest expense EBT Taxes Net income 4,300 Dividends Addition to retained earnings S 5,600

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