Question 19 4 pts California Retailing Inc. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expenses are $600,000. The firm's interest expense is $250,000, and the corporate tax rate is 40%. The firm paid dividends to preferred stockholders of $40,000, and the form distributed $60,000 in dividend payments to common stockholders. What California Retailing's 'Addition to Retained Earnings"? $290,000 $650,000 5330,000 $390,000