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Given the following Information for O'Hara Marine Co., calculate the depreclation expense: sales =$93,000; costs =$46,200; addition to retalned earnings =$14,800; dlvidends pald =$3,620; Interest
Given the following Information for O'Hara Marine Co., calculate the depreclation expense: sales =$93,000; costs =$46,200; addition to retalned earnings =$14,800; dlvidends pald =$3,620; Interest expense =$3,950; tax rate =24 percent. (Do not round intermedlate calculations and round your answer to the nearest whole dollar amount, e.g. 32.)
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