Use the following information for Alpha-Beta, Inc.

| September 6, 2016

Question
Use the following information for Alpha-Beta, Inc. (ABI) for this question.

Sales $100,000
Cost of Goods Sold $55,000
Depreciation $6,000
Dividend paid $6,000
Retained Earnings Added $18,000
Total Assets $85,000
Equity $45,000
Selling, General and Administrative costs $0
Tax Rate 35%

How much was the interest charge for ABI?
4,769

2,462

2,077

1,692

538

1,308

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