The Johnson Materials Inc. has an EBIT of $3,500,000. Its Times Interest Earned (TIE) ratio is 5, Profit Margin is 16% and the tax rate is 35%. Costs of Goods Sold (COGS) is $6 million. Develop an income statement by filling in the blanks in the following table (35 points). Hint: You will begin with sales and end with Nl; start with EBIT. Note: Round your answers to the nearest dollar, and DO NOT USE COMMA in your answer. E.g., 16,666.6 should be rounded to and typed in as 16667. Income Statement: Sales (Note: Do not use comma in your answer) COGS 6000000 EBITDA (Note: Do not use comma in your answer) Depreciation&Amortization = (Note: Do not use comma in your answer) EBIT 3500000 Interest Expense (Note: Do not use comma in your answer) EBT (Note: Do not use comma in your answer) Tax (Note: Do not use comma in your answer) Net Income (Note: Do not use comma in your answer)