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Question 11 2 pts In 2017. MECCS Inc. had earnings before interest and taxes (EBIT) of $3,447.000; depreciation expense of $200,000; sales of $6,720,000; interest

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Question 11 2 pts In 2017. MECCS Inc. had earnings before interest and taxes (EBIT) of $3,447.000; depreciation expense of $200,000; sales of $6,720,000; interest expense of $240,000 and tax rate of 34 percent. If MECCS paid out $927,800 in cash dividends, how much did MECCS add to retained earnings in 2017? $1,668,620 $1,345,780 $995.260 $1,188,820

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