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You are given the following information for Sookies Cookies Co.: sales = $52,000; costs = $38,800; addition to retained earnings = $2,400; dividends paid =
You are given the following information for Sookies Cookies Co.: sales = $52,000; costs = $38,800; addition to retained earnings = $2,400; dividends paid = $975; interest expense = $1,480; tax rate = 40 percent. Calculate the depreciation expense for the company.
Depreciation expense ? $
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