Pests Be Gone, Inc., has sales of $679,000, total costs of $405,000, depreciation expense of $46,000, interest expense of $30,000, and a tax rate of 40 percent. If the firm paid out $79,000 in cash dividends. What is the addition to retained earnings? Note: This problem is to give you practice constructing the income statement. COGS and selling/administrative expenses have been lumped together.