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Question 16 (4 points) Andersen's Nursery has annual sales of $318,400, cash operating costs (i.e., all cash expense items down to EBIT) of $189,400, depreciation

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Question 16 (4 points) Andersen's Nursery has annual sales of $318,400, cash operating costs (i.e., all cash expense items down to EBIT) of $189,400, depreciation expense of $28,500, interest expense of $2,100, and a tax rate of 20 percent. They have current liabilities of $42,800 and current assets of $61,900. The firm paid out $23,400 in dividends. What is net income for the firm? [Enter your answer in whole dollars. For example, if your answer is $22,678.9, enter your answer as 22679. You do not need to enter a dollar sign.]

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