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Papa Roach Exterminators, Inc., has sales of $699,000, costs of $315,000, depreciation expense of $46,000, interest expense of $20,000, and a tax rate of 40

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Papa Roach Exterminators, Inc., has sales of $699,000, costs of $315,000, depreciation expense of $46,000, interest expense of $20,000, and a tax rate of 40 percent. If the firm paid out $75,000 in cash dividends. What is the addition to retained earnings? Multiple Choice $104,220 $135.800 $104,220 5135,800 $161,800 S121,800 $115,800

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