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The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA = $ 6 8 6 , 0 0 0 , EBIT =

The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA =$686,000, EBIT =$547,000, interest expense =$94,000, and net income =$426,000.
Calculate the taxes reported on the income statement.
Taxes
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