Refer to the financial statements of Express, Inc. given in Appendix C and answer the following questions. (Hint: Use the notes to the financial statements for many of these questions.) 5. What amount of depreciation expense was reported as expense for the most recent reporting year? (Enter your answer in dollars. Round your answer to 2 decimal places.)

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Depreciation is the allocation of the cost of the asset over its us... View the full answer