Billys Exterminators, Inc., has sales of $752,000, costs of $312,000, depreciation expense of $64,000, interest expense of
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Billy’s Exterminators, Inc., has sales of $752,000, costs of $312,000, depreciation expense of $64,000, interest expense of $42,000, a tax rate of 35 percent, and paid out $77,000 in cash dividends.
What is the addition to retained earnings?
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