Intro Emily Lim owns and runs an ice cream parlor in San Diego. Last year, she had sales of $490,000 and an average tax rate of 30%. She spent $49,000 on ingredients, $24,500 on utilities, and $88,200 to rent the premises. Emily has a few employees and paid them $98,000 in wages in total. She also paid herself a salary of $73,500 and spent $49,000 to pay for employee benefits. A few years ago, Emily borrowed money to buy the ice making equipment. Last year, she paid $24,500 in interest on that loan. Depreciation for the equipment was $14,700. Attempt 4/7 for 10 pts. Part 1 What was operating income (EBIT) for the year? 0+ decimals Submit | Attempt 1/7 for 10 pts. Part 2 What was net income for the year? 0+ decimals Submit