You are given the following information for Troiano Pizza Company: sales = $69,400; costs = $52,100; addition to retained earnings = $4,700; dividends paid = $2,480; interest expense = $2,190; tax rate = 21 percent. Calculate the depreciation expense for the company. Note: Do not round intermediate calculations and round your answer to the nearest whole number Depreciation Expense =

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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You are given the following information for Troiano Pizza Company: sales = $69,400; costs = $52,100; addition to retained earnings = $4,700; dividends paid = $2,480; interest expense = $2,190; tax rate = 21 percent. Calculate the depreciation expense for the company. Note: Do not round intermediate calculations and round your answer to the nearest whole number

Depreciation Expense =

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