Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $95,346; costs = $56,122; addition to retained earnings = $972; dividends paid = $1,844; interest expense = $1,794; tax rate = 27 percent. (Hint: Build the Income Statement and fill in the missing pieces until you get to the depreciation expense. You may have to work from bottom up.)

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