Help on question 2

Income statement. Use the data from the following financial statement in the popup window, BE . Complete the partial income statement if the company paid interest expense of $17, 100 for 2017 and had an overall tax rate of 40% for 2017 Complete the income statement below: (Round to the nearest dollar.) X Income Statement Year Ending 2017 Data table Sales revenue $357,000 Cost of goods sold $142,000 (Click on the following icon , in order to copy its contents into a spreadsheet.) Fixed costs $43,300 Partial Income Statement Year Ending 2017 Selling, general, and administrative expenses $27,000 Sales revenue $357,000 Depreciation $46,800 Cost of goods sold $142,000 EBIT Fixed costs $43,300 Interest expense Selling, general, and administrative expenses $27.000 Taxable income Depreciation $46,800 Taxes Net income Print Done