Sales

$$23,431,519$

Cost of Goods Sold

$$18,510,900$

Other Expenses

$$2,577,467$

Depreciation

$$937,261$

Taxable Income

$$1,405,891$

Taxes $(21\%)$

$$295,237$

Net Income

$$1,110,654$

Dividends

$$500,000$

Add. to Retained Earnings

$$610,654$