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1 Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent.

image text in transcribed 1 Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. What is the net income for this firm? 3 4 Input area: 5 Sales Costs Depreciation expense Interest expense Tax rate $742,000 11 (Use cells A6 to B10 from the given information to complete this question.) Output area: Sales Sales Costs Depreciation expense EBIT Interest expense EBT Taxes (21\%) $316,000 $39,000 21% 4 Net income Income Statement 25 \begin{tabular}{|l|} \hline 26 \\ \hline 27 \\ \hline \end{tabular} r 27 >GradedWorksheet Calculation Mode: Automatic Workbook Statistics

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