Question: I need help with formatting problems in excel for my finance class. This is the first problem, I need to know how to enter the

I need help with formatting problems in excel for my finance class. This is the first problem, I need to know how to enter the formula in excel to obtain the correct answer.

Q1. Sam's Bakery has sales of $576,000 with costs of $382,000. Interestexpense is $15,000 and depreciation is $31,000. The tax rate is 27%. What is the net income?

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