You have been given the following information for Corky's Bedding Corp.: a. Net sales = $11,250,000. b. Cost of goods sold = $7,500,000. c. Other operating expenses = $250,000. d. Addition to retained earnings = $1,000,000. e. Dividends paid to preferred and common stockholders = $495,000. f. Interest expense = $850,000. The firm's tax rate is 35 percent. Calculate the depreciation expense for Corky's Bedding Corp. (Round your answer to the nearest dollar amount.) ek Depreciation expense ces