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Income StatementThe Fitness Studio, Inc.s, 2015 income statement lists the following income and expenses: EBIT = $538,000, interest expense = $63,000, and net income =

Income StatementThe Fitness Studio, Inc.s, 2015 income statement lists the following income and expenses: EBIT = $538,000, interest expense = $63,000, and net income = $435,000.Calculate the 2015 taxes reported on the income statement.

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