Charge for depreciation and amortization

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Reference no: EM13868431

Talbot Enterprises recently reported an EBITDA of $8 million and net income of $4 million. It had $1 million of interest expense, and its corporate tax rate was 36%. What was its charge for depreciation and amortization?

$5,000,000

$2,000,000

$3,000,000

$7,000,000

$750,000

Reference no: EM13868431

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