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The Fitness Studio, Inc.s, 2015 income statement lists the following income and expenses: EBIT = $530,000, interest expense = $60,000, and net income = $436,000.
The Fitness Studio, Inc.s, 2015 income statement lists the following income and expenses: EBIT = $530,000, interest expense = $60,000, and net income = $436,000. |
Calculate the 2015 taxes reported on the income statement. |
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