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( Working with the income statement ) At the end of its third year of operations, the Sandifer Manufacturing Co , had $ 4 ,
Working with the income statement At the end of its third year of operations, the Sandifer Manufacturing Co had
$ in revenues, $ in cost of goods sold, $ in operating expenses which included depreciation
expense of $ and a tax liability equal to percent of the firm's taxable income. Sandifer Manufacturing Co
plans to reinvest $ of its earnings back into the firm. What does this plan leave for the payment of a cash
dividend to Sandifer's stockholders?
Complete the income statement for Sandifer Manufacturing Co: Round to the nearest dollar.
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