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Sankey, Inc., has current assets of $7,200, net fixed assets of $25,400, current liabilities of $6,350, and long-term debt of $15,100. (Do not round intermediate

Sankey, Inc., has current assets of $7,200, net fixed assets of $25,400, current liabilities of $6,350, and long-term debt of $15,100. (Do not round intermediate calculations.)

What is the value of the shareholders' equity account for this firm?

Shareholders' equity $____

How much is net working capital?

Net working capital $____

Shelton, Inc., has sales of $393,000, costs of $181,000, depreciation expense of $46,000, interest expense of $27,000, and a tax rate of 30 percent. (Do not round intermediate calculations.

What is the net income for the firm?

Net income

$____

Suppose the company paid out $36,000 in cash dividends. What is the addition to retained earnings?

Addition to retained earnings

$____

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