The following financial data correspond to Clayton W est Energy's 2015 operations. 4-10. Cost of Goods Sold Selling and Administrative Expenses Depreciation Expense Sales Interest Expense Applicable Income Tax Rate $200,000 40,000 85,000 440,000 40,000 40% Calculate the following income statement items. a. Gross Profit b. Operating Income (EBIT) c. Earnings before Taxes (EBT) d. Income Taxes e. Net Income