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Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $76,800; Costs = $36,900; Addition to retained earnings = $6,800; Dividends
Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $76,800; Costs = $36,900; Addition to retained earnings = $6,800; Dividends paid = $2,370; Interest expense = $5,300; Tax rate = 22 percent.
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