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Question 11 5 pts Gallagher's Supply has sales of $387,000 and costs of $294,500 . The depreciation expense is $43,800 . Interest paid equals $18,200

Question 11\ 5 pts\ Gallagher's Supply has sales of

$387,000

and costs of

$294,500

. The depreciation expense is

$43,800

. Interest paid equals

$18,200

and dividends paid equal

$6,500

. The tax rate is 35 percent. What is the addition to retained earnings?\

$10,775

\

$11,460

\

$13,325

\

$15,450

\

$13,120
image text in transcribed

Question 11 5 pts Gallagher's Supply has sales of $387,000 and costs of $294,500. The depreciation expense is $43,800. Interest paid equals $18,200 and dividends paid equal $6,500. The tax rate is 35 percent. What is the addition to retained earnings? O $10,775 O $11,460 O $13,325 O $15,450 O $13,120

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