,During 2010, Raines Umbrella Corp. had sales of $1,190,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $977,500, $127,500, and $127,500, respectively. In addition, the company had an interest expense of $127,500 and a tax rate of 30 percent. (Ignore any tax loss carryback or carryforward provisions.) (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign.), ,Suppose Raines Umbrella Corp. paid out $34,000 in cash dividends. Is this possible? , ,If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, the firm’s long-term debt account will (increase/decrease) by $
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