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Builtrite had net profits before tax of $100,000 and a tax liability of $22,250. Builtrite also paid a common stock dividend of $15,000 and a
Builtrite had net profits before tax of $100,000 and a tax liability of $22,250. Builtrite also paid a common stock dividend of $15,000 and a preferred stock dividend of $20,000. What are the EACS (earnings available to the common stockholder)?
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