You have been given the following information for Corky's Bedding Corporation: a. Net sales =$12,500,000. b. Cost of goods sold =$9,000,000. c. Other operating expenses =$260,000. d. Addition to retained earnings =$1,090,000. e. Dividends paid to preferred and common stockholders =$380,000. f. Interest expense =$950,000, all of which is tax deductible. The firm's tax rate is 21 percent. Calculate the depreciation expense for Corky's Bedding Corporation. Note: Round your answer to the nearest dollar amount