Question: Current Attempt in Progress You are given the following information about Carla Vista Plumbing Company. Revenues in 2020 totaled $973.00, depreciation expenses $100.00, costs

Current Attempt in Progress You are given the following information about Carla

Current Attempt in Progress You are given the following information about Carla Vista Plumbing Company. Revenues in 2020 totaled $973.00, depreciation expenses $100.00, costs of goods sold $384.00, and interest expenses $59.00. At the end of the year, current assets were $128.00 and current liabilities were $109.00. The company has an average tax rate of 29.00 percent. Calculate its net income by setting up an income statement. (Round answers to 2 decimal places, e.g. 15.25.) Carla Vista Plumbing Company Income Statement For the Year Ended December 31, 2020 Revenues Cost of Goods Sold Expenses Depreciation Amount $ $ Earnings Before Interest, Taxes, Depreciation, and Amortization $ Interest Earnings Before Interest and Taxes $ 973.00 384 100

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