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You are given the following information for Sookies Cookies Co.: sales = $52,300; costs = $38,500; addition to retained earnings = $3,000; dividends paid =

You are given the following information for Sookies Cookies Co.: sales = $52,300; costs = $38,500; addition to retained earnings = $3,000; dividends paid = $990; interest expense = $1,450; tax rate = 30 percent. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

Calculate the net income.

Net income $ 3990

Calculate the taxable income.

Taxable income $

Calculate the EBIT.

EBIT $

Calculate the depreciation expense.

Depreciation expense $

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