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Soggy Eggs first year as a public company resulted as follows. Total sales were $1,500,000.00. Cost of goods was 45% of sale. Depreciation was 10%

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Soggy Eggs first year as a public company resulted as follows. Total sales were $1,500,000.00. Cost of goods was 45% of sale. Depreciation was 10% of Cost of Goods sold. Currently Soggy Eggs has $2,000,000. debt. They pay an annual interest rate of 4.5%. The corporate tax rate is 22%. What is Soggy Eggs Net Income? $520,650 $580,980 $456,300 $573,300

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