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Gallagher's Supply has sales of $ 3 8 7 , 0 0 0 and costs of $ 2 9 4 , 0 0 0 .

Gallagher's Supply has sales of $387,000 and costs of $294,000. The depreciation expense is $43,900. Interest paid equals $18,000 and dividends paid equal $6,500. The tax rate is 32 percent. What is the addition to retained earnings?

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