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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales =$97,009; costs =$52,981; addition to retained earnings =$1,062; dividends paid =$1,821; interest

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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales =$97,009; costs =$52,981; addition to retained earnings =$1,062; dividends paid =$1,821; interest expense =$1,439; 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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