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You are given the following information for Sookies Cookies Co.: sales = $51,400; costs = $39,400; addition to retained earnings = $2,340; dividends paid =
You are given the following information for Sookies Cookies Co.: sales = $51,400; costs = $39,400; addition to retained earnings = $2,340; dividends paid = $945; interest expense = $1,540; tax rate = 40 percent. Calculate the depreciation expense for the company
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