Question: answer complete Income statement. Use the data from the following financial statement in the popup window, Complete the partial income statement if the company paid
Income statement. Use the data from the following financial statement in the popup window, Complete the partial income statement if the company paid interest expense of $18,700 for 2017 and had an overall tax rate of 40% for 2017 Complete the income statement below: (Round to the nearest dollar.) Income Statement Year Ending 2017 Sales revenue $357,000 Cost of goods sold $141,000 Fixed costs $42,700 Selling, general, and administrative expenses $27,600 Depreciation $45,200 EBIT 70,500 CA Interest expense $ $ Taxable income Taxes $ Net income $
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