MNM & Co incurred depreciation expenses of $36,810 last year.The sales were $903,480 and the addition to retained earnings was $11,530.The firm paid interest of $7,711 and dividends of $7,500.The tax rate was 33 percent.What was the amount of the costs incurred by the company?
A) $822,845
B) $689,407
C) $742,306
D) $830,556
E) $780,400
Correct Answer:
Verified
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