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Draiman, Inc., has sales of $590,000, costs of $268,000, depreciation expense of $68,500, interest expense of $35,500, and a tax rate of 40 percent. The
Draiman, Inc., has sales of $590,000, costs of $268,000, depreciation expense of $68,500, interest expense of $35,500, and a tax rate of 40 percent. The firm paid out $38,500 in cash dividends and has 45,000 shares of common stock outstanding. (Enter your answer as directed, but do not round intermediate calculations.)
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