You have been given the following information for Corky's Bedding Corp.:

a$.$ Net sales $=$$$11,150,000.$

b$.$ Cost of goods sold $=$$$7,700,000.$

c$.$ Other operating expenses $=$$$130,000.$

d$.$ Addition to retained earnings $=$$$1,050,000.$

e$.$ Dividends paid to preferred and common stockholders $=$$$315,000.$

f$.$ Interest expense $=$$$850,000,$ all of which is tax deductible.

The firm's tax rate is $21$ percent.

Calculate the depreciation expense for Corky's Bedding Corp. $($Round your answer to

the nearest dollar amount.$)$

Depreciation expense