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reocrd answer rounded to nearest dollar Sammy's Shovels had sales of $85,870 in 2021 . The cost of goods sold was $27,370, operating expenses (excluding
reocrd answer rounded to nearest dollar
Sammy's Shovels had sales of $85,870 in 2021 . The cost of goods sold was $27,370, operating expenses (excluding depreciation) were $19,800, interest expenses were $4,330, depreciation expense was $6,040, and dividends paid were $1,500. The firm's tax rate is 22 percent. What did Sammy's Shovels report as net income (or, net profit) in 2021 ? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. If your answer is a negative number, place a minus sign before your answer with no space between the minus sign and the number. For example, record $1,234,567.89 as 1234568 or negative $543,210 as -543210 . Your Answer: Answer Page 3 of 14 Step by Step Solution
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