Please show all steps, no matter how small. Show every single step and explain how you got each part in detail.

19.2 Lavaca Inc. management expects net sales to be $855,000, total costs to be $647,000, and to pay taxes at an average rate of 32 percent this year. If Lavaca pays out 38 percent of its earnings as dividends, what is its retention ratio? How much will Lavaca's retained earnings increase