Question: Questions 18,19 , and 20 will be based on the following income statement: $17,100,000 Costs of Goods Sold $4,100,000 Dividend Payments $1,010,000 What was this

 Questions 18,19 , and 20 will be based on the following

Questions 18,19 , and 20 will be based on the following income statement: $17,100,000 Costs of Goods Sold $4,100,000 Dividend Payments $1,010,000 What was this firm's Operating Income (EBIT)? $7,300,000$7,850,000$6,320,000$5,767,000 Question 19 What was the firm's net income? \begin{tabular}{c} $7,300,000 \\ \hline$7,850,000 \\ \hline$5,689,000 \\ \hline$5,767,000 \end{tabular} Question 20 How much did this firm add to its retained earnings this given year? \begin{tabular}{r} $5,767,000 \\ \hline$4,757,000 \\ $7,850,000 \\ $7,300,000 \end{tabular}

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