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STEP: 5 of 5 Cute Camel's addition to earnings for this year is expected to be $857,000. Its target capital structure consists of 35% debt,

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STEP: 5 of 5 Cute Camel's addition to earnings for this year is expected to be $857,000. Its target capital structure consists of 35% debt, 5% preferred stock, and 60% common stock. Cute Camel Woodcraft Company's retained earnings break point is (rounded to the nearest whole dollar)

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