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eBook Problem Walk-Through Patterson Brothers recently reported an EBITDA of $7.5 million and net income of $1.125 million. It had $1.5 million of interest expense,

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eBook Problem Walk-Through Patterson Brothers recently reported an EBITDA of $7.5 million and net income of $1.125 million. It had $1.5 million of interest expense, and its corporate tax rate was 25%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest dollar, if necessary. In its most recent financial statements, Nessler Inc. reported $60 million of net income and $900 million of retained earnings. The previous retained earnings were $882 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary

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