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Awo Steel, Inc. generated total sales of $61,607,498 during the fiscal year. Depreciation and amortization for the year totaled $2,804,046, and cost of goods sold

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Awo Steel, Inc. generated total sales of $61,607,498 during the fiscal year. Depreciation and amortization for the year totaled $2,804,046, and cost of goods sold was $27,632,460. Interest expense for the year was $9,587,062 and selling, general, and administrative expenses totaled $5,081,625 for the year. What is Areo's EBIT? Round to the nearest two decimals if needed. Do not type the S symbol

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