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Hama, Incorporated, has sales of $519,200, costs of $297,100, depreciation expense of $42,500, interest expense of $20,600, a tax rate of 22 percent, and paid

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Hama, Incorporated, has sales of $519,200, costs of $297,100, depreciation expense of $42,500, interest expense of $20,600, a tax rate of 22 percent, and paid out $27,400 in cash dividends. a. What is the net income for the firm? b. What is the addition to retained earnings? Note: For all requirements, do not round intermediate calculations

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