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(Working with the income statement) At the end of its third year of operatons, the Sandifer Manufacturing Co, had $4,520,000 in revenues, $3,345,000 in cost

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(Working with the income statement) At the end of its third year of operatons, the Sandifer Manufacturing Co, had $4,520,000 in revenues, $3,345,000 in cost of goods sold, $445,000 in operating experses which induded depreciaton expense of $144,000, and a tax liabily equal to 34 percent of the firmis taxable income, Sandifer Manufacturing Co. plans to reinvest $56,000 of its eurnings back into the firm. What doos this plan loaw for the poyment of a cash dividend to Sandfer's stockholders? Complete the income stawonent for Sandifer Manufacturing Co : (Round to the neatnst dollar)

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