Question: Using Income Statements Given the following information for Mama Mia Pizza Co., calculate the depreciation expense: sales = $34,000; costs = $16,000; addition to retained
Using Income Statements Given the following information for Mama Mia Pizza Co., calculate the depreciation expense: sales = $34,000; costs = $16,000; addition to retained earnings = $4,300; dividends paid = $1,200: interest expense = $2,300; tax rate = 35 percent.
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