The Following Balance Sheet and Income Statement Should Be Used

The following balance sheet and income statement should be used: Hilltop, Inc. is currently operating at 89% of capacity. The profit margin and the dividend payout ratio are projected to remain constant. Sales are projected to increase by 10% next year. What is the projected addition to retained earnings for next year?

A) $1,527
B) $1,692
C) $1,716
D) $1,804
E) $1,856