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The Carla Vista Chemical Corporation announced that, for the period ending March 31, 2017, it had earned income after taxes of $2,768,761.25 on revenues of
The Carla Vista Chemical Corporation announced that, for the period ending March 31, 2017, it had earned income after taxes of $2,768,761.25 on revenues of $13,189.000. The company's costs (excluding depreciation and amortization) amounted to 61 percent of sales, and it had interest expenses of $392.168. What is the firm's depreciation and amortization expense if its average tax rate is 34 percent? (Round answer to 2 decimal places eg. 15.25.) Depreciation and amortization
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