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Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sale: 61,000 / costs: 29,600 / addition to retained earnings: 5,600 / dividends
Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sale: 61,000 / costs: 29,600 / addition to retained earnings: 5,600 / dividends paid: 1,950 / interest expense: 4,300 / tax rate: 21% Please provided detailed explanation showing work.
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