You have been hired as a Financial Accountant at SAL. Co., where the company had earned net income after taxes worth $2,768,028.25 on revenues of $13,144,680, for the period ended June 30, 2022. The companys costs excluding depreciation and amortization amounted to $8,081,254.8 and it had interest expenses of $392,168. What is the firms depreciation and amortization expense if its tax rate is 34 percent?

Prepare the income statement to solve for depreciation and amortization and show your calculations.