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What is the depreciation expense in this problem and how do I get it? Thank you. You have been given the following information for Corkys

What is the depreciation expense in this problem and how do I get it? Thank you.

You have been given the following information for Corkys Bedding Corp.:

a. Net sales = $12,600,000.
b. Cost of goods sold = $9,200,000.
c. Other operating expenses = $280,000.
d. Addition to retained earnings = $1,010,000.
e. Dividends paid to preferred and common stockholders = $390,000.
f. Interest expense = $970,000.
The firms tax rate is 30 percent.

Calculate the depreciation expense for Corkys Bedding Corp.

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