Suppose you are given the following information for panola Bread sales $30,000; Cost $10,000; addition to retained earnings 4,365; dividends paid $485; interest expense $1,200; tax rate 30 percent. What is the amount of the depreciation expense? can you show the work?
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Home » Business » Suppose you are given the following information for panola Bread sales $30,000; Cost $10,000; addition to retained earnings 4,365; dividends paid $485; interest expense $1,200; tax rate 30 percent.