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You are given the following information for Bowie Pizza Co.: Sales = $66,000; Costs = $31,100; Addition to retained earnings = $5,900; Dividends paid =
You are given the following information for Bowie Pizza Co.: Sales = $66,000; Costs = $31,100; Addition to retained earnings = $5,900; Dividends paid = $2,040; Interest expense = $4,600; Tax rate = 22 percent. Calculate the depreciation expense. (Do not round intermediate calculations).
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