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The Fitness Studio, Inc.s, 2021 income statement lists the following income and expenses: EBITDA = $654,000, EBIT = $531,000, interest expense = $62,000, and net
The Fitness Studio, Inc.s, 2021 income statement lists the following income and expenses: EBITDA = $654,000, EBIT = $531,000, interest expense = $62,000, and net income = $437,000. Calculate the 2021 taxes reported on the income statement.
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