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You are given the following information for Frankenson Pizza COmpany: Sales = $ 7 8 , 0 0 0 ; Costs = $ 3 3

You are given the following information for Frankenson Pizza COmpany: Sales=$78,000; Costs=$33,500; Addition to retained earnings = $7,100; Dividends paid $2,400; Interest expense = $5,800; Tax rate =24 percent. Calculate the depreciation expense

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