Everybody$$s Fitness's income statement is reported below $($in millions of dollars$)($Use corporate tax

rate of $21$ percent for your calculations.$)$Everybody$\text{'}$s Fitness's income statement is reported below $($in millions of dollars$)($Use corporate tax

rate of $21$ percent for your calculations.$)$

Everybody's Fitness Income Statement

$($in millions of dollars$)$

Net sales $($all credit$)$

Less: Cost of goods sold

Gross profits

Less: Other operating expenses

EBITDA

Less: Depreciation and amortization

EBIT

Less: Interest

EBT

Less: Taxes

Net income

Determine the firm's tax liability.

Note: Enter your answer in dollars not in millions.

Tax liability

Determine the firm's net income.

Note: Enter your answer in dollars not in millions.