Question: I am struggling!! please help. You have been given the following information for Corkys Bedding Corp.: a. Net sales = $11,400,000. b. Cost of goods

I am struggling!! please help. You have been given the following information for Corkys Bedding Corp.: a. Net sales = $11,400,000. b. Cost of goods sold = $8,200,000. c. Other operating expenses = $180,000. d. Addition to retained earnings = $1,060,000. e. Dividends paid to preferred and common stockholders = $340,000. f. Interest expense = $870,000. The firms tax rate is 30 percent. Calculate the depreciation expense for Corkys Bedding Corp.

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