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The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $544,000, interest expense = $88,000, and net income = $423,000.

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The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $544,000, interest expense = $88,000, and net income = $423,000. Calculate the 2018 taxes reported on the income statement. (Enter your answer in dollars. Round your answer to the nearest dollar amount.) Taxes

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