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You are given the following information for O'Hara Marine Co.: sales =$73,280; costs = $34,870; addition to retained earnings =$9.520; dividends paid =$7,490; interest expense

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You are given the following information for O'Hara Marine Co.: sales =$73,280; costs = $34,870; addition to retained earnings =$9.520; dividends paid =$7,490; interest expense =$2,560; tax rate =25 percent. Calculate the depreciation expense. (Do not round intermediate calculations.)

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