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The Fitness Studio, Incorporateds income statement lists the following income and expenses: EBITDA = $656,000, EBIT = $532,000, interest expense = $64,000, and net income
The Fitness Studio, Incorporateds income statement lists the following income and expenses: EBITDA = $656,000, EBIT = $532,000, interest expense = $64,000, and net income = $438,000. Calculate the taxes reported on the income statement
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