PRINTER VERSsTON BACK NEXT Question 7 The Cullumber Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.64 milon, cost of goods sold of $812,900, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? Set up an income statement to answer the question. (Round answers to 2 decimal places, e.g. 15.25) Cullumber Company Income Statement Amount Earnings Before Taxes Earnings Before Interest, Taxes, Depreciation, and Amortization Earmings Before Interest and Taxes Taxes Interest Revenues t Income/ (Loss) Cost of Goods Sold Depreciation Doen Show Work Click if you would like to Show Work for this question Question Atemats SAVE FOR LATER SUBMET ANSWER of 2 used