Question: Income statement. Use the data from the following financial statement in the popup window, B. Complete the partial income statement if the company paid interest

Income statement. Use the data from the following financial statement in the popup window, B. Complete the partial income statement if the company paid interest expense of $18.900 for 2017 and had an overall tax rate of 40% for 2017. Complete the income statement below: (Round to the nearest dollar.) Income Statement Year Ending 2017 Sales revenue $340,000 Cost of goods sold $145,000 Fixed costs $42.300 Selling, general, and administrative expenses $28.800 Depreciation $48,200 JEBIT s 77700 Interest expense 18900 S $ Taxable income Taxes S 58800 35280 23520 Net income
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