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Last year Harrington Inc. had $6 million in operating income (EBIT). Its depreciation expense was $1.5 million and its interest expense was $1.25 million. Harrington's
Last year Harrington Inc. had $6 million in operating income (EBIT). Its depreciation expense was $1.5 million and its interest expense was $1.25 million. Harrington's corporate tax rate is 25%. What is Harrington's net income? Enter your answer without a $ sign. Enter your answer using the format 1,000,000 instead of 1 million. Round to the nearest $.
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