Question: Q 54 A small ceramics company is compiling data about its performance during the last two fiscal years. It reported the following: Year 1 Year

Q 54

Q 54 A small ceramics company is compiling data about its performance

A small ceramics company is compiling data about its performance during the last two fiscal years. It reported the following: Year 1 Year 2 Sales $1850000 $2170000 Variable Costs $888000 $1041600 Fixed Costs $510000 $560000 Tax Rate 20% 20% Using the information above, what is the company's after-tax income for year 1? O $192400.00 O $452000.00 O $361600.00 O $90400.00

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