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Income Statement The Fitness Studio, Inc.'s, 2018 income statement lists the following income and expenses: EBIT = $538.000, interest expense = $63.000. and net income

Income Statement The Fitness Studio, Inc.'s, 2018 income statement lists the following income and expenses: EBIT = $538.000, interest expense = $63.000. and net income = $435,000. Calculate the 2018 taxes reported on the income statement. (LG2-1)

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