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ABC Company reported net revenues of $900,000 in 2019 and $855,000 in 2018. Also, cost of goods sold in 2019 was $455,000 and selling, general

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ABC Company reported net revenues of $900,000 in 2019 and $855,000 in 2018. Also, cost of goods sold in 2019 was $455,000 and selling, general and administrative expenses of $73,000. The company's income tax rate is 20%, its other operating expenses in 2019 were $20,000 while interest expense was $9,000. ABC Company's EBIT for 2019 is

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