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Billy's Exterminators, Inc., has sales of $652,000, costs of $298,000, depreciation expense of $50,000, interest expense of $35,000, a tax rate of 35 percent, and
Billy's Exterminators, Inc., has sales of $652,000, costs of $298,000, depreciation expense of $50,000, interest expense of $35,000, a tax rate of 35 percent, and paid out $70,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings $
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