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Income statement. Use the data from the following financial statement in the popup window, B. Complete the partial income statement if the company paid interest

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Income statement. Use the data from the following financial statement in the popup window, B. Complete the partial income statement if the company paid interest expense of $18,300 for 2017 and had an overall tax rate of 40% for 2017. Complete the income statement below: (Round to the nearest dollar.) Income Statement Year Ending 2017 Sales revenue $344,000 Cost of goods sold $136,000 Fixed costs $42,000 $28,800 Selling, general, and administrative expenses Depreciation $46,900 |EBIT Interest expense $ Taxable income $ Taxes $ Net income Partial Income Statement Year Ending 2017 Sales revenue $344,000 Cost of goods sold $136,000 Fixed costs $42,000 Selling, general, and administrative expenses $28,800 Depreciation $46,900

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