Question

Trevi Corporation recently reported an EBITDA of $32,200 and $9,700 of net income. The company has...

Trevi Corporation recently reported an EBITDA of $32,200 and $9,700 of net income. The company has $6,800 interest expense, and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense? Round to the nearest cent.

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