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Given the following information for XYZ Co., calculate the depreciation expense (in $): sales $50269; costs = $37937; addition to retained earnings = $2677; dividends
Given the following information for XYZ Co., calculate the depreciation expense (in $): sales $50269; costs = $37937; addition to retained earnings = $2677; dividends paid = $1105; interest expense -$1401; tax rate - 29 percent
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