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Oakdale Fashions, Incorporateds, income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)Oakdale Fashions, Incorporateds, income statement is reported below.

Oakdale Fashions, Incorporateds, income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)Oakdale Fashions, Incorporateds, income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)

Oakdale Fashions, Incorporated, Income Statement
Net sales (all credit) $ 600,000
Less: Cost of goods sold 229,000
Gross profits $ 371,000
Less: Other operating expenses 104,000
EBITDA $ 267,000
Less: Depreciation and amortization 16,400
EBIT $ 250,600
Less: Interest 83,500
EBT $ 167,100
Less: Taxes
Net income $

Oakdale Fashions, Incorporated, Income Statement
Net sales (all credit) $ 600,000
Less: Cost of goods sold 229,000
Gross profits $ 371,000
Less: Other operating expenses 104,000
EBITDA $ 267,000
Less: Depreciation and amortization 16,400
EBIT $ 250,600
Less: Interest 83,500
EBT $ 167,100
Less: Taxes
Net income $

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