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Question 2 1 points Saved Your firm has the following income statement items: sales of $40,847,488; income tax of $1,333,900; operating expenses of $8,169,497; cost
Question 2 1 points Saved Your firm has the following income statement items: sales of $40,847,488; income tax of $1,333,900; operating expenses of $8,169,497; cost of goods sold of $28,593,241; and interest expense of $750,000. What is the amount of the firm's income before tax? I. $4,084,750 II. $3,334,750 III. $2,000,850 IV. $12,254,247
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