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P2-3 Dividends and Retained Earnings [LO1] 6 Papa Roach Exterminators, Inc., has sales of $724,000, costs of $215,000, depreciation expense of $49,000, interest expense of
P2-3 Dividends and Retained Earnings [LO1] 6 Papa Roach Exterminators, Inc., has sales of $724,000, costs of $215,000, depreciation expense of $49,000, interest expense of $35,000, and a tax rate of 35 percent. If the firm paid out $78,000 in cash dividends. What is the addition to retained earnings? points Multiple Choice eBook References $198,250 $282,250 $233,250 $178,425 $247,250
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