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Given the following income statement, what is the net income?Income StatementRevenues$57.08COGSEBITDA$39.06Depreciation$2.12EBITInterest$0.86EBTTaxes (30%)Net IncomeO a. Net Income is $10.82O b. Net Income is $25.26O c. Net Income is $26.46o d. Net Income is $18.96 Office Supplies recently reported $93.66 of sales, $79.84 of operating costs other than depreciationand $1.13 of depreciation. It had $29.1 of outstanding loans that carry a 6.5% interest rate, and itsfederal-plus-state income tax rate was 25%. How much was the firm's taxable income?O a. Taxable Income is $10.80O b. Taxable Income is $8.10O c. Taxable Income is $10.94o d. Taxable Income is $6.60 D'Leon Inc reported having $1.9 in Cash, $1.64 in accounts receivable and $2 in accounts payable,$2.73 in inventories, and $4.2 in net fixed assets. What is its Total Liabilities and Equity amount?O a. TL&SHE = $10.47O b. TL&SHE = $2O C. TL&SHE = $12.47o d. TL&SHE = $8.27