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You are given the following information for Troiano Pizza Company: sales = $72,100; costs =$53,300; addition to retained earnings =$5,300; dividends paid =$2,660; interest expense
You are given the following information for Troiano Pizza Company: sales = $72,100; costs =$53,300; addition to retained earnings =$5,300; dividends paid =$2,660; interest expense =$2,370; tax rate =24 percent. Calculate the depreciation expense for the company. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32
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