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How to Calculate Retained Earnings
Elliot: I'm trying to determine with retained earnings, we still have a little bit of a cushion where I feel like we should be paying ourselves the two owners. So we started out modestly gave with a $500 each salary, which puts us at $12,000 a year. Elliot: If you keep making money and you keep growing, right? And if you'll set in place the systems, it allows you to do that without thinking about it then, you can burn your calories in your brain for other things.