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The income statement of a company has the following figures: Sales is 5,000, costs of goods sold are 2,000, depreciation expense is 1,000, and interest

The income statement of a company has the following figures: Sales is 5,000, costs of goods sold are 2,000, depreciation expense is 1,000, and interest expense is 500. The corporate tax rate is 40%. If the dividend payout ratio is 50%, how much did the company retain for its future operations?

A. 450

B. 600

C. 1,500

D. 900

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