)32,800 9) Andre's Bakery Income Stat Andre's Bakery has Andre's Bakery has sales of $487,000 with costs of $263,000. teterest expense is 526.000 and depreciation is $42,000. The tax rate is 21 percent. What is the net income? A) SI 42,750 B) $123,240 C)5109,000 D) S128,700 20) Your firm has total assets of $4,900, fixed assets of $3,200, long-term debt of $2,900, and shont-term debt of SI,400. What is the amount of net working capital (NWC? A)-5100 B) S300 C) 5600 D) $1,700 214 22 Beach Front Inc, has sales of $546,000, costs of $295,000, depreciation expense of $37,000, inter expense of $15,000, and a tax rate of 21 percent. The firm paid $59,000 in cash dividends Sales -COGS Depreciation EBIT Interest Expense EBT (Taxable Income) S Tax (21% Net Income