can you please explain to me this

0 out of 1 points Calculate the EBIT for a firm with $4 million total revenues, $3 million cost of goods sold, $500,000 depreciation expense, and $120,000 Interest expense. No other expenses were incurred. $380,000 Selected Answer Answers: $500,000 $380,000 $0 ($120,000) O out of 1 pol