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Net sales = $42,000,000. Gross profit = $19,200,000. Other operating expenses = $3,200,000. Addition to retained earnings = $5,200,000. Dividends paid to preferred and common

Net sales = $42,000,000. Gross profit = $19,200,000. Other operating expenses = $3,200,000. Addition to retained earnings = $5,200,000. Dividends paid to preferred and common stockholders = $2,000,000. Depreciation expense = $2,930,000.

The firms tax rate is 36 percent. interest expense for Moores HoneyBee Corp.

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