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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 $18,700 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 $356,000 Cost of goods sold $150,000 Fixed costs $43,100 Selling, general, and administrative expenses $28,900 Depreciation $45,300 EBIT Interest expense S -18,700 Taxable income $ Taxes $ Net income i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $356,000 Cost of goods sold $150,000 Fixed costs $43,100 Selling, general, and administrative expenses $28,900 Depreciation $45,300 Print Done

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