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Consider the following income statement: Sales Costs Depreciation Taxes $ 985,392 641,088 145,800 34 % Required: (a) Calculate the EBIT. (Click to select) (b) Calculate

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Consider the following income statement: Sales Costs Depreciation Taxes $ 985,392 641,088 145,800 34 % Required: (a) Calculate the EBIT. (Click to select) (b) Calculate the net income. (Click to select) (c) Calculate the OCF. (Click to select) (d) What is the depreciation tax shield? (Click to select)

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