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Given the following information for Pierce Pizza Co., calculate the depreciation expense: sales = $30,000; costs = $19,000; addition to retained earnings = $2,100; dividends
Given the following information for Pierce Pizza Co., calculate the depreciation expense: sales = $30,000; costs = $19,000; addition to retained earnings = $2,100; dividends paid = $900; interest expense = $1,430; tax rate = 35 percent.
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