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You are given the following information for Holdings Inc.: Sales $ 5 0 0 , 0 0 0 , cash costs $ 3 0 5

You are given the following information for Holdings Inc.: Sales $

500, 000,

cash costs $

305, 000,

addition to retained earnings $

85, 000,

dividends paid $

35, 000,

tax rate

25 % .

How much was depreciation expense?

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