Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $480,000; sales of $940,000; and income of $105,280. The investment center profit margin is:

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?