in terms of the interest payment made each period in terms of an effective rate. 1 pts Question 13 Question 13-16 are based on the following information Titan Football Manufacturing had the following operating results for 2016: sales - $27,500; cost of goods sold- $20,136; depreciation expense $3,408; interest expense $497; dividends paid $739. At the beginning of the year, net fixed assets were $19,872, current assets were $3,528, and current liabilities were $3,110. At the end of the year, net fixed assets were $22,608, current assets were $4,234, and current liabilities were $2,981. The tax rate for 2016 was 40 percent. What is net income for 2016? 3956.00 5980.40 2075.40 3459.00 None of the above 1 nts