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Income Statement Items You have the following data (in millions): Sales = $47, Interest Expense = $5, Cost of Goods Sold = $23, Depreciation Expense

Income Statement Items You have the following data (in millions): Sales = $47, Interest Expense = $5, Cost of Goods Sold = $23, Depreciation Expense = $2, Selling, General and Administrative Expenses = $2, Taxes = $5. The firm's EBIT is ________ million and Net Income is ________ million.

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