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Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $905,500, Interest expense = $86,000, and Net income = $577,500.

Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $905,500, Interest expense = $86,000, and Net income = $577,500. What is the 2008 Taxes reported on the income statement? $242,000 $328,000 There is not enough information to calculate 2008 Taxes. $819,500

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