Determine the total depreciation and amortization expense

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Question - In 2021, Bulldogs Inc. had a net operating profit after-taxes of P20,000,000 and an effective tax rate of 20%. Its earnings before interest, taxes, depreciation and amortization was P45,500,000 and net income of P12,200,000. During 2022, Bulldogs Inc. made P14,500,000 capital expenditures net of depreciation. Determine the total depreciation and amortization expense of Bulldogs Inc.

Reference no: EM133113785

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