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

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Income statement Use the data from the following financial statement in the popup window, Complete the partial income statement if the company paid interest expense of $17 200 for 2017 and had an overall tax rate of 40% for 2017 X Data Table Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending 2017 Sales revenue $355,000 Cost of goods sold $143,000 Fixed costs $42,000 Selling, general, and administrative expenses $27,500 Depreciation $46,500 EBIT $ $ Interest expense $ Taxable income S Taxes (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $355,000 Cost of goods sold $143,000 Fixed costs $42.000 Selling, general, and administrative expenses $27,500 Depreciation $46,500 Net income Print Done Enter any number in the edit fields and then continue to the next question. x] O here to search

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