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You are given the following information for NewCo Inc.: Sales $350,000, costs $195,000, addition to retained earnings $50,000, dividends paid $25,000, tax rate 25%. How

You are given the following information for NewCo Inc.: Sales $350,000, costs $195,000, addition to retained earnings $50,000, dividends paid $25,000, tax rate 25%. How much was depreciation expense

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