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Swank Clothiers earned $ 8 7 0 million last year and had a 3 0 percent payout ratio. How much did the firm add to

Swank Clothiers earned $870 million last year and had a 30 percent payout ratio.
How much did the firm add to its retained earnings?
Note: Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).

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