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P10-4 Calculating OCF (LO1] Consider the following income statement: Sales Costs Depreciation Taxes $ 565,688 368,032 83,700 31 % Required: (a ) Calculate the EBIT.

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P10-4 Calculating OCF (LO1] Consider the following income statement: Sales Costs Depreciation Taxes $ 565,688 368,032 83,700 31 % Required: (a ) Calculate the EBIT. (Click to select) (b ) Calculate the net income. (Click to select) (c) Calculate the OCF. (Click to select) (d) What is the depreciation tax shield? (Click to select)

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