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Miller, Inc., has sales of $675,300, costs of $297,800, depreciation expense of $45,100, interest expense of $20,700, and a tax rate of 35 percent. What

Miller, Inc., has sales of $675,300, costs of $297,800, depreciation expense of $45,100, interest expense of $20,700, and a tax rate of 35 percent. What is the net income for the rm? Suppose the company paid out $62,000 in cash dividends. What is the addition to retained earnings?

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