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The Fitness Studio, Incorporateds income statement lists the following income and expenses: EBITDA = $660,000, EBIT = $534,000, interest expense = $68,000, and net income
The Fitness Studio, Incorporateds income statement lists the following income and expenses: EBITDA = $660,000, EBIT = $534,000, interest expense = $68,000, and net income = $440,000.
Calculate the taxes reported on the income statement.
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