For the three months ended December 31, 2017 INCOME STATEMENT Net Revenues Cost of Goods Sold Gross Margin $ $ 275,000 $ 115,000 Administrative Expenses Sales and Marketing Expenses Depreciation Operating Profit $ $ $ $ 75,000 177,000 (175,000) $ 47,000 Interest Expense Earnings Before Taxes $ a. What is SV's EBIT? b. What is SV's EBITDA? C. What is SV's Net Income? Assume their tax rate is 30% d. Suppose SV sold stock to investors and used the proceeds to pay off all debts. Then For the three months ended December 31, 2017 INCOME STATEMENT Net Revenues Cost of Goods Sold Gross Margin $ $ 275,000 $ 115,000 Administrative Expenses Sales and Marketing Expenses Depreciation Operating Profit $ $ $ $ 75,000 177,000 (175,000) $ 47,000 Interest Expense Earnings Before Taxes $ a. What is SV's EBIT? b. What is SV's EBITDA? C. What is SV's Net Income? Assume their tax rate is 30% d. Suppose SV sold stock to investors and used the proceeds to pay off all debts. Then