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You have been given the following information for Corky’s Bedding Corp.

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You have been given the following information for Corky’s Bedding Corp.:a.c.d.e.f.
Net sales = $12,050,000.b.Cost of goods sold = $8,500,000.Other operating expenses = $210,000.Addition to retained earnings = $1,080,000.Dividends paid to preferred and common stockholders = $355,000.Interest expense = $900,000. The firm’s tax rate is 30 percent.

Calculate the depreciation expense for Corky’s Bedding Corp.

What is Depreciation expense $…..?

 
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