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Whipporwill, Incorporated's, net income for the most recent year was $ 1 5 , 2 2 1 . The tax rate was 2 3 percent.

Whipporwill, Incorporated's, net income for the most recent year was $15,221. The tax rate was 23 percent. The firm paid $5,010 in total interest expense and deducted $5,447 in depreciation expense.
What was the company's taxable income for the year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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