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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $93.241; costs =$64.027; addition to retained earnings =$1,049; dividends paid =$417;

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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $93.241; costs =$64.027; addition to retained earnings =$1,049; dividends paid =$417; interest expense =$672; tax rate =34 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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