Blue River Enterprise sold 5000 products at $223 each, but 120 of them were returned for full refunds. If cost of goods sold equals 12% of net sales, and operating expenses are $145,000, the operating income is $812,651.20.
If interest and taxes for the enterprise above equal 28% of its EBIT, and it retains 25% of its net profits for growth, how much would be the total amount to be distributed as dividends?