2. Problem 3.02 (Income Statement) Byron Books Inc. recently reported $12 million of net income. Its EBIT was $21 million, and its tax rate was 25%. What was its interest expense? (Hin Write out the headings for an income statement, and then fill in the known values. Then divide $12 million of net income by (1-T) -0.75 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) W out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations. $