Complete the income statement below:(Round to the nearest dollar.)

Complete the partial income statement if the company paid interest expense of

$17,100

for

2017

and had an overall tax rate of

40%

for

2017.

Income Statement Year Ending 2017Sales revenue$359,000Cost of goods sold$136,000Fixed costs$43,300Selling, general, and administrative expenses$28,500Depreciation$46,800EBIT$Interest expense$Taxable income$Taxes$Net income