You have been given the following information for Corky's Bedding Corp. a. Net sales = $12,000,000. b. Cost of goods sold = $8,400,000, c. Other operating expenses = $200,000. d. Addition to retained earnings = $1,050,000. e. Dividends paid to preferred and common stockholders = $350,000. f. Interest expense = $890,000, 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 737 848