A firm's income statement included the following data. The firm's average tax rate was 20% Cost of goods sold Income taxes paid Administrative expenses Interest expense Depreciation $ 8,000 2,000 3,000 1,000 1,000 a. What was the firm's net income? Net income b. What must have been the firm's revenues? Revenues c. What was EBIT? EBIT 5 Miles Reference OBAL & Roses