### How much was the depreciation charge for MRI

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##### Reference no: EM132049702

Question - You are given the following information for Mobility Research, Inc. (MRI).

Sales \$200,000

Costs \$105,000

SG&A \$20,000

Interest \$21,000

Dividend paid \$9,000

Retained Earnings Added \$21,000

Total Assets \$85,000

Equity \$45,000

Tax Rate 35%

How much was the depreciation charge for MRI?

A. \$1,231

B. \$7,846

C. \$20,077

D. \$16,000

E. \$3,769

F. \$11,923

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