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16) Vikings Co. has one loan outstanding in the amount of $5,500,00 which carries an interest rate of 3.25%. If Vikings Co.s Earnings Before Interest

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16) Vikings Co. has one loan outstanding in the amount of $5,500,00 which carries an interest rate of 3.25%. If Vikings Co.s Earnings Before Interest and Tax in 2020 were $9,700,000 and it's tax rate was 21% i) What was Vikings Co's Income for 2020? ii) What would Vikings Co's Net Income for 2020 have been if it had no debt? iii) What, if any, was Vikings Co's interest tax savings for 2020

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