Bradds, Inc., has sales of $646,000, costs of $286,000, depreciation expense of $38,000, interest expense of $29,000, a tax rate of 35 percent, and paid out $64,000 in cash dividends.
What is the net income for the firm? (Do not round intermediate calculations.)
Net income $
What is the addition to retained earnings? (Do not round intermediate calculations.)
Addition to retained earnings $