LO2 2. x LO23. Building an Income Statement Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21 percent. What is the net income for this firm? Dividends and Retained Earnings Suppose the firm in Problem 2 paid out $68,000 in cash dividends. What is the addition to retained earnings? Per-Share Earnings and Dividends Suppose the firm in Problem 3 had 35,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure? LO24. X