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Bradds, Inc., has sales of $607,000, costs of $314,000, depreciation expense of $66,000, interest expense of $43,000, a tax rate of 35 percent, and paid

Bradds, Inc., has sales of $607,000, costs of $314,000, depreciation expense of $66,000, interest expense of $43,000, a tax rate of 35 percent, and paid out $78,000 in cash dividends. What is the net income for the firm? (Do not round intermediate calculations.) Net income $ What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings $

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