eBook Prob ron Books Inc. recently reported $12 million of net income. Its EBIT was $22.7 million, and its tax rat Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $1 ne pretax income. The difference between EBIT and taxable income must be interest expense. Use this Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round you hot round intermediate calculations