(Evaluating profitability) Last year, Stevens Inc. had sales of $398,000, with a cost of goods sold of $112,000. The firm's operating expenses were $129,000, and its increase in retained earnings was $57,000. There are currently 23,000 common stock shares outstanding and the firm pays a $1.62 dividend per share.

Sales=398,000

COGS=112,000

Gross Profits=286,000

Operating Expenses=129,000

Operating Profits=157,000

Interest Expense=37,683

Earnings before Taxes=119,317

Income Taxes??? NEED HELP

Net Income=??? NEED HELP

a. Assuming the firm's earnings are taxed at 21 percent, construct the firm's income statement. b. Compute the firm's operating profit margin. c. What was the times interest earned? a. Assuming the firm's earnings are taxed at 21 percent, construct the firm's income statement.(Round to the nearest dollar. NOTE: You may input expense accounts as neg

b. Compute the first operating profit margin.

c. What was the times interest earned?