Braves Corp. recently reported net income of $6 million. Its EBIT was $12 million, and the company pays an average of 40% in Federal and State income tax. What was the company's interest expense for the year? [Hint: Divide $6 million by (1-Tax Rate) = 0.60 to find taxable income.] Do your work in a Spreadsheet (such as Excel) or a Word Processing (Text, MS-Word, WordPerfect) file. You can even do this by hand and scan it if you have a scanner. Send it to me by way of the assignment page