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Oriole Corporation has announced that its net income for the year ended June 30,2017 , was $1,353,412. The company had EBITDA of $4,961,000, and its
Oriole Corporation has announced that its net income for the year ended June 30,2017 , was $1,353,412. The company had EBITDA of $4,961,000, and its depreciation and amortization expense was equal to $1,152,000. The company's average tax rate is 34 percent. What was its interest expense? (Round answer to 2 decimal places, e.g. 15.25.)
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