PLEASE SHOW WORKINGS

Question 2

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Centennial Brewery produced revenues of $1,155,667 in 2020. It has cost of goods sold and operating expenses (excluding depreciation) of $847,429, depreciation of $132,198, and interest expense of $80,774. It pays a company tax rate of 40 percent. What is the company's net income?

Round the answer to the whole number.

Question 4 (1 point) Bob borrows $108,104 from the bank at 18.93 percent per year, compounded annually, to purchase new car. This loan is to be repaid in equal annual installments at the end of each year over the next 5 years. How much will each annual payment be?