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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 $18.900 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 $340,000 Cost of goods sold $145,000 Fixed costs $42.300 Selling, general, and administrative expenses $28.800 Depreciation $48,200 JEBIT s 77700 Interest expense 18900 S $ Taxable income Taxes S 58800 35280 23520 Net income

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