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You are given the following information for Gandolfino Pizza Co.: sales = $53,000; costs = $21,900; addition to retained earnings = $11,150; dividends paid =

You are given the following information for Gandolfino Pizza Co.: sales = $53,000; costs = $21,900; addition to retained earnings = $11,150; dividends paid = $1,200; interest expense = $4,300; tax rate = 35 percent. Calculate the depreciation expense.

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