Whipporwill, Incorporated??s, net income for the most recent yearwas $14,950. The tax rate was 24 percent. The firm paid $3,730 intotal interest expense and deducted

Whipporwill, Incorporatedâ??s, net income for the most recent yearwas $14,950. The tax rate was 24 percent. The firm paid $3,730 intotal interest expense and deducted $4,820 in depreciation expense. 2 answers