Question: Problem 2-3 Dividends and Retained Earnings [ [LO2] Nataro, Incorporated, has sales of $678,000, costs of $339,000, depreciation expense of $84,000, interest expense of $49,000,
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Problem 2-3 Dividends and Retained Earnings [ [LO2] Nataro, Incorporated, has sales of $678,000, costs of $339,000, depreciation expense of $84,000, interest expense of $49,000, and a tax rate of 21 percent. The firm paid out $79,000 in cash dividends. What is the addition to retained earnings? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32
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