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Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $69,000; Costs = $35,400; Addition to retained earnings = $8,800; Dividends
Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $69,000; Costs = $35,400; Addition to retained earnings = $8,800; Dividends paid = $2,420; Interest expense = $2,750; Tax rate = 22 percent.
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