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You are given the following information for Calvani Pizza Co.: sales = $45,000; costs = $21,500; addition to retained earnings = $8,750; dividends paid =

You are given the following information for Calvani Pizza Co.: sales = $45,000; costs = $21,500; addition to retained earnings = $8,750; dividends paid = $1,000; interest expense = $5,500; tax rate = 35 percent. Calculate the depreciation expense.

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