3. Given the following information for Gandolofino Pizza Co, calculate the depreciation expense. Sales = $61,000;...

3. Given the following information for Gandolofino Pizza Co, calculate the depreciation expense. Sales = $61,000; COGS = $29,600; addition to retained earnings = $5,600; dividends paid = $1,950; interest exp = $4,300; tax rate = 35%

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Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sale: 61,000 / costs:...

Given the following information for Gandolfino Pizza Co., calculate the depreciation expense: sale: 61,000 / costs: 29,600 / addition to retained earnings: 5,600 / dividends paid: 1,950 / interest expense: 4,300 / tax rate: 21% Please provided detailed explanation showing work.

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