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Net Income Statement Barnyard, Inc.'s 2023 income statement lists the following income and expenses: Earning Before Interest/Taxes = $504,500, Interest Expense = $46,000, Earning Before
Net Income Statement Barnyard, Inc.'s 2023 income statement lists the following income and expenses: Earning Before Interest/Taxes = $504,500, Interest Expense = $46,000, Earning Before Taxes = $458,500, and Taxes = $128,500 What is the 2023 Net Income reported on the income statement? Using the setup of an Income Statement in Table 2 Barnyard Inc 2023 EBIT $504,500 Interest expense $46,000 EBT $458,500 Taxes $128,500 Net income Group of answer choices 84,230 425,311
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