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Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $51,000; costs = $21,700; addition to retained earnings = $10,250; dividends
Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $51,000; costs = $21,700; addition to retained earnings = $10,250; dividends paid = $800; interest expense = $4,100; tax rate = 35 percent. |
Calculate the Depreciation expense?(Do not round intermediate calculations and round your final answer to nearest whole dollar amount.)
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