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Sales $100,000 Costs $55,000 Depreciation $6,000 Dividend paid $6,000 Retained Earnings Added $16,250 Total Assets $85,000 Equity $45,000 Selling, General and Administrative costs $0 Tax

Sales $100,000
Costs $55,000
Depreciation $6,000
Dividend paid $6,000
Retained Earnings Added $16,250
Total Assets $85,000
Equity $45,000
Selling, General and Administrative costs $0
Tax Rate 35%

How much was the interest charge for ABI?

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