Question: Polycom Systems earned $ 5 4 0 million last year and paid out 3 0 percent of earnings in dividends. a . By how much

Polycom Systems earned $540 million last year and paid out 30 percent of earnings in dividends.
a. By how much did the company's retained earnings increase?
Note: Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).
\table[[Addition to retained earnings,37,800,000
Polycom Systems earned $540 million last year and paid out 30

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