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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? Sales $3,200.00 1,850.00 Costs 192.00 Depreciation $1,158.00

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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? Sales $3,200.00 1,850.00 Costs 192.00 Depreciation $1,158.00 EBIT Interest expense 285.00 $873.00 EBT Taxes (25%) 218.25 Net income $654.75 a. $821.03 b. $835.43 c. $900.25 d. $868.50 O e. $583.36 O O

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