[Solved] The Fitness Studio, Inc.'s, 2015 income s

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The Fitness Studio, Inc.'s, 2015 income statement lists the following income and expenses EBIT = $540,000, interest expense = $80,000, and net income = $446,000.

The Fitness Studio, Inc.'s, 2015 income statement lists the following income and expenses EBIT = $540,000, interest expense = $80,000, and net income = $446,000. Calculate the 2015 taxes reported on the income statement

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