A firm's income statement included the following data. The firm's average tax rate was 20%. Compute...

 

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A firm's income statement included the following data. The firm's average tax rate was 20%. Compute the net income. Report the answer without the $ symbol. Revenue $ 30,000 Cost of goods sold $ 10,000 Administrative expenses $ 4,500 Interest expense $ 2,000 Depreciation $ 2,500 A firm's income statement included the following data. The firm's average tax rate was 20%. Compute the net income. Report the answer without the $ symbol. Revenue $ 30,000 Cost of goods sold $ 10,000 Administrative expenses $ 4,500 Interest expense $ 2,000 Depreciation $ 2,500