Intro Emily Lim owns and runs an ice cream parlor in San Diego. Last year, she had sales of $500,000 and an average tax rate of 33%. She spent $50,000 on ingredients, $25,000 on utilities, and $90,000 to rent the premises. Emily has a few employees and paid them $100,000 in wages in total. She also paid herself a salary of $75,000 and spent $50,000 to pay for employee benefits. A few years ago, Emily borrowed money to buy the ice making equipment. Last year, she paid $25,000 in interest on that loan. Depreciation for the equipment was $15,000. 1 Attempt 1/10 for 10 pts. Part 1 What was operating income (EBIT) for the year? 0+ decimals Submit WE- Attempt 1/10 for 10 pts. Part 2 What was net income for the year? 0+ decimals Submit