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FPB, Incorporated's 2021 income statement lists the following income and expenses: EBIT - $490,000, Interest expense = $42,000, and Net income = $320,000. What is

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FPB, Incorporated's 2021 income statement lists the following income and expenses: EBIT - $490,000, Interest expense = $42,000, and Net income = $320,000. What is the 2021 Taxes reported on the Income Statement? O $128,000 O $118,00 $108,000 O $138,00

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