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please check my work You are given the following information for Ted's Dread Co.: sales = $52,500; costs = $38,300; addition to retained earnings =

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You are given the following information for Ted's Dread Co.: sales = $52,500; costs = $38,300; addition to retained earnings = $3,025; dividends paid = $1,000; interest expense = $1,430; tax rate = 30 percent. Calculate the net income. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net Income 1$ 4,025 Calculate the taxable income. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Taxable income 7180 Calculate the EBIT (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) EBIT S 14.200 Calculate the taxable income. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Taxable income 7180 Calculate the EBIT. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) EBIT 14,200 Calculate the depreciation expense. (Do not round intermediate calculations and his round your answer to the nearest whole number, e.g., 32.) Depreciation expense IS 7,020

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