Burlington Exterminators Inc. has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of

Fantastic news! We've Found the answer you've been seeking!

Question:

Burlington Exterminators Inc. has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, and a tax rate of 35%.

Suppose this firm paid out $85,000 in cash dividends. What is the addition to retained earnings?