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Given the following information for Sookies Cookies Co., calculate the depreciation expense: sales = $90890;...

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Finance

Given the following information for Sookies Cookies Co., calculate the depreciation expense: sales = $90890; costs = $69260; addition to retained earnings = $1650; dividends paid = $1070; interest expense = $580; tax rate = 23 percent. (Hint: Build the Income Statement and fill in the missing pieces until you get to the depreciation expense. You may have to work from bottom up.)

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