Income Statement Barnyard, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $505,000, Interest expense = $57,500, and Net income = $322,500. What is the 2008 Taxes reported on the income statement? Multiple Choice 0 There is not enough information to calculate 2008 Taxes. 0 $125,000 0 $182,500 0 $447,500