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Consider the following income statement: $1,040,136 676,704 153,900 Sales Costs Depreciation Taxes 21% Calculate the EBIT $209,532 $220,009 $215,818 $203,246 $199,055 Calculate the net income. $165,530 $173,807 $170,496 $160,564 $157,254 Calculate the OCF $319,430 $407,434 $165,530 $335,402 $303,459 What is the depreciation tax shield? 32,319 $153,900 $33,935 $ 30,703 $ 31,349 K Prev