Problem 2-15 Using Income Statements [LO 2] You are given the following information for Ted's Dread Co.: sales = $69,400; costs = $52,100; addition to retained earnings = $4,700, dividends paid = $2,480; interest expense = $2,190; tax rate = 21 percent Calculate the depreciation expense for the company. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Depreciation expense ces