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Sales are $1.44 million, cost of goods sold is $570,000, depreciation expense is $144,000, other operating expenses is $294,000, addition to retained earnings is $133,100,

Sales are $1.44 million, cost of goods sold is $570,000, depreciation expense is $144,000, other operating expenses is $294,000, addition to retained earnings is $133,100, dividends per share is $1, the tax rate is 35 percent, and a number of shares of common stock outstanding is 84,000. LaTonyas Flop Shops has no preferred stock outstanding.

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