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More Income Statement Practice A firm has $6,694 in Net Sales and Operating Expenses are $1,431. Depreciation Expense is $849. Interest expense is $347 and

More Income Statement Practice A firm has $6,694 in Net Sales and Operating Expenses are $1,431. Depreciation Expense is $849. Interest expense is $347 and the firm has $818.8 in taxes. Calculate the firm's Net Income. Include a negative if appropriate 1. first find EBIT 2. next subtract Interest 3. then subtract taxes Your answer should be in dollars ($200 or 200 are both acceptable formats)

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