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Nightwish Corporation shows the following information on its 2021 income statement: Sales = $398,000; Costs = $298,000; Other expenses = $7,900; Depreciation expense = $15,400;

Nightwish Corporation shows the following information on its 2021 income statement: Sales = $398,000; Costs = $298,000; Other expenses = $7,900; Depreciation expense = $15,400; Interest expense = $14,200; Taxes = $21,875; Dividends = $11,500. In addition, youre told that the firm issued $5,700 in new equity during 2021 and redeemed $4,200 in outstanding long-term debt.

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