Stein Books inc soid 1,500 finance textbooks for $200 each to High Tultion University in 20x1. These books cost $160 to produce. Steln Books spent $12.200 fselling expensel to convince the university to hing its hooks Depreciation expense for the year was \$15,00. In addition, Stein Books borrowed \$101,000 on January 1, 20X1, on which the company paid 14 percent interest. Both the interest and principal of the loan were paid on December 31, 20X1, The publishing firm's tax rate is 30 percent Frepate an income statement for Stein Books