You have been given the following information for Corkys Bedding Corp.: a. Net sales = $11,250,000. b. Cost of goods sold = $7,900,000. c. Other operating expenses = $150,000. d. Addition to retained earnings = $1,180,000. e. Dividends paid to preferred and common stockholders = $325,000. f. Interest expense = $840,000. The firms tax rate is 30 percent. Question: Calculate the depreciation expense for Corky's Bedding Corp..