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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $92,847; costs =$57,789; addition to retained earnings =$121; dividends paid =$1,451;

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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $92,847; costs =$57,789; addition to retained earnings =$121; dividends paid =$1,451; interest expense =$786; tax rate =39 percent. (Hint: Build the Income Statement and fill in the missing pieces until you get to the depreciation expense. You may have to work from bottom up.)

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