1. Bradds, Inc., has sales of $643,000, costs of $280,000, depreciation expense of $32,000, interest expense of $26,000, a tax rate of 35 percent, and $81,000 in addition to retained earnings.

What is the total dividend paid by the firm?

$117,250

$11,000

$198,250

$61,000

$32,000

2. Burnett, Inc., has current assets of $5,000, net fixed assets of $23,300, current liabilities of $4,450, and long-term debt of $11,000. What is the value of the total liabilities and equity account for this firm?

$23,300

$11,000

$4,450

$12,850

$28,300