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             $