Question: 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

 Income statement. Use the data from the following financial statement in

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 518,600 for 2017 and had an overall tax rate of 40% for 2017 REBBE Complete the income statement below (Round to the nearest dallat Income Statement Year Ending 2017 Sales revenue $358,000 Cost of goods sold $148.000 Fixed costs $44.000 Selling, general, and administrative expenses $28,300 Depreciation $45,300 EBIT $ $ $ Interest expense Taxable income Taxes Net income 5

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