Accounts from the Perril Company's Income Statement, including some accounts and from the Perril Company's Balance Sheet, for the year ending December 31, 2021 are listed below:
• Additional paid in capital = $1,210 • Beginning inventoły = $540 • Depreciation = $1,440 • Dividends paid = $1,030 • Ending inventory = $510 Gross sales = $13,940 • Interest expense = $550 • Notes payable = $2,650 • Operating expenses (excluding depreciation) = $3,420 • Purchases $5,370 • Returns and allowances = $120 Perril Company has a tax rate of 25 percent. Using the data above, compute what Perril Company (a retail clothing store) reported as Addition to Retained Earnings 2021
