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For the following income statement, calculate the depreciation tax shield: Sales $686759 Costs $408818 Depreciation $108700 EBIT ? Taxes(28%) ? Net Income ? (Round your
For the following income statement, calculate the depreciation tax shield:
Sales | $686759 |
Costs | $408818 |
Depreciation | $108700 |
EBIT | ? |
Taxes(28%) | ? |
Net Income | ? |
(Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)
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