Depreciation and amortization expense

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Reference no: EM131264070

Cox Corporation recently reported an EBITDA of $22.5 million and $5.4 million of net income. The company has $6 million interest expense and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense? SHOW WORK

a. $ 4,333,650

b. $ 8,192,308

c. $ 9,427,973

d. $11,567,981

e. $14,307,692

Reference no: EM131264070

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