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Question: problem 23 dividends and retained earnings lo1 griffins goat farm...

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Problem 2-3 Dividends and Retained Earnings [LO1] Griffins Goat Farm, Inc., has sales of $672,000, costs of $334,000, depreciation expense of $78,000, interest expense of $49,000, a tax rate of 25 percent, and paid out $44,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings This is a numeric cell, so please enter numbers only.

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