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FIN220 Co. has sales of 699,000 Baht, costs of 222,000 Baht, depreciation expense of 66,000 Baht, interest expense of 35,000 Baht, a tax rate of

FIN220 Co. has sales of 699,000 Baht, costs of 222,000 Baht, depreciation expense of 66,000 Baht, interest expense of 35,000 Baht, a tax rate of 39 percent, and paid out 99,000 Baht in cash dividends. What amount was added to retained earnings?

229,360 Baht

411,000 Baht

130,360 Baht

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