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Compute the income after income tax given the following: Net Sales of 100,000,000.00; Marketing Expense of 5,000,000.00; tax rate of 30%. Based on the latest

Compute the income after income tax given the following: Net Sales of 100,000,000.00; Marketing Expense of 5,000,000.00; tax rate of 30%. Based on the latest income statement, revenue is 500,000,000.00; COGS is 400,000,000.00 and operating expenses amounted to 40,000,000.00. Income after income tax is_________.

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