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Last year, The Pizza Joint added $4,100 to retained earnings from sales of $93,600. The company had costs of $74,400, divideneds of $2,500, and interest
Last year, The Pizza Joint added $4,100 to retained earnings from sales of $93,600. The company had costs of $74,400, divideneds of $2,500, and interest paid of $1,400. The tax rate was 34 percent. What was the amount of the depreciation expense?
A. $7,300
B. $7,500
C. $7,800
D. $8,100
E. $8,400
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