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The Fitness Studio, Inc.'s, 2021 income statement lists the following income and expenses: EBITDA = $658,000, EBIT = $533,000, interest expense = $66,000, and
The Fitness Studio, Inc.'s, 2021 income statement lists the following income and expenses: EBITDA = $658,000, EBIT = $533,000, interest expense = $66,000, and net income $439,000. Calculate the 2021 taxes reported on the income statement. (Enter your answer in dollars. Round your answer to the nearest dollar amount.) Taxes
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