The following financial information is available for Hero Sports Ltd.: Sales: $45,000 Costs: $25,000 Additional to retained earnings: $5,500 Dividends paid: $900 Interest expense: $1,450 Tax rate: 40% Compute the depreciation expense.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following financial information is available for Hero Sports Ltd.: Sales: $45,000 Costs: $25,000 Additional to retained earnings: $5,500 Dividends paid: $900 Interest expense: $1,450 Tax rate: 40% Compute the depreciation expense.
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