Question: Income statement. Use the data from the following financial statement in the popup window, Complete the income statement below: (Round to the nearest dollar.) Income

 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 income statement below: (Round to the nearest dollar.) Income Statement Year Ending 2017 Sales revenue $353,000 Cost of goods sold $149,000 Fixed costs $43,800 Selling, general, and administrative expenses $27,000 Depreciation $47,000 EBIT Interest expense Taxable income Taxes Net income CA GA Complete the partial income statement if the company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017. X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $353,000 $149,000 Cost of goods sold Fixed costs $43,800 $27,000 Selling, general, and administrative expenses Depreciation $47,000 Print Done

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