Fake Stone Inc Income Statement Net Sales 23,600 COGS 14,870 Depr 2,800 EBIT 5,930 Int Paid 670 Taxable Income 5,260 Taxes 1,840 Net Income 3,420 D

Fake Stone IncIncome StatementNet Sales 23,60014,8702,8005,930670Taxable Income 5,2601,8403,420Dividends 1,3682009 Balance Sheet24708800100004190Net fixed assets 19600Total Liab and eqty 25460The profit margin, the debt-equity ratio, and the dividend payout ratio for Fake Stone, Inc. are constant. Sales are expected to increase by $1,062 next year. What is the projected addition to retained earnings for next year? a)