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Kaylor Equipment Rental paid $75 in dividends and $500 in interest expense. The addition to retained earnings is $418. The tax rate is 30 percent.
Kaylor Equipment Rental paid $75 in dividends and $500 in interest expense. The addition to retained earnings is $418. The tax rate is 30 percent. What are the earnings before interest and taxes?
Group of answer choices $1204.29 $589.46 $1,949.46 $1,269.46 $704.29
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