Entergy Corp has sales of $450,000, cost of goods sold of $130,000, depreciation expense of $10,000, and an interest expense of $20,000. What is the net income for the firm? 4. The tax schedule is below: Taxable Income $ Answer: 0-50,000 $50,001-75,000 $ 75,001-100,000 $100,001-335,000 Tax Rate 10% 20% 30% 40%

3. Bud-Mat Corp has sales of $450,000, cost of goods sold of $130,000, depreciation expense of $10,000, and an interest expense of $20,000. What is the net income for the firm