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Sidewinder, Inc., has sales of $696,225, costs of $370,016, depreciation expense of $57,685, interest expense of $41,533, and a tax rate of 21 percent.
Sidewinder, Inc., has sales of $696,225, costs of $370,016, depreciation expense of $57,685, interest expense of $41,533, and a tax rate of 21 percent. The firm paid out $32,579 in cash dividends. What is the addition to retained earnings? Do not round intermediate calculations and round your answer to the nearest whole number (e.g., 32)
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