Income Statement for 2020 Sales 285,760 Costs of goods sold 205,132 Depreciation 21,950 Earnings before interest and taxes 58,678 Interest paid 9,875 Taxable income

Income Statement for 2020 £ Sales 285,760 Costs of goods sold 205,132 Depreciation 21,950 Earnings before interest and taxes 58,678 Interest paid 9,875 Taxable income 48,802 Taxes (35%) 17,081 N...