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Smashed Pumpkins Co . paid $ 8 0 in dividends and $ 5 1 9 in interest over the past year. The company increased retained

Smashed Pumpkins Co. paid $80 in dividends and $519 in interest
over the past year. The company increased retained earnings by $432
and had accounts payable of $510. Sales for the year were $16,020
and depreciation was $692. The tax rate was 35 percent. What was
the company's EBIT?Multiple Choice$1,578$5,607$1,184$788$1,307

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