What's the depreciation expense based on the information below? Depreciation (percent of sales) 8% Revenues Gross profit PP&E $95,000 42,000 65,000 a. $5,700 b. $760 c. $3,360 d. $7,600
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- Consider the following income statement: Sales $ 383,208Costs 249,312Depreciation 56,700Taxes 25% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield? Pls fastPlease need answer the accounting question not use aiGet correct answer general accounting question