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Billys Exterminators, Inc., has sales of $598,000, costs of $296,000, depreciation expense of $48,000, interest expense of $34,000, a tax rate of 35 percent, and

Billys Exterminators, Inc., has sales of $598,000, costs of $296,000, depreciation expense of $48,000, interest expense of $34,000, a tax rate of 35 percent, and paid out $69,000 in cash dividends.

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