Question 19 (2 points) The Canary Cruises Corporation Income Statement for the year ending December 31, 2017 shows the following items: Cost of goods sold $345,000; Interest expense $79,000; Taxes $57,100; Revenue $836,000: Selling and general administrative expenses $93,000; Depreciation $126,000. What is the EBIT for the Canary Cruises Corporation for 2017? $345,000 $654,750 $680,000 $272,000