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Income Statement Year ended Dec. 31, 2015 Sales (credit). Variable costs (0.60). Contribution margin Fixed costs Operating profit.. Less: Interest .. Earnings before taxes Less:
Income Statement Year ended Dec. 31, 2015 Sales (credit). Variable costs (0.60). Contribution margin Fixed costs Operating profit.. Less: Interest .. Earnings before taxes Less: Taxes @34% Earnings after taxes Deduct: Dividends Increased retained earnings. $7,000,000 4,200,000 2,800,000 2,100,000 700,000 250,000 450,000 153,000 $ 297,000 118,800 $ 178,200 Calculate EAT if sales increase by 25%.Do not use commas or dollar signs in your
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