You are given the following information for Lowell, Inc. Sales Debt Dividends Equity Interest rate Net income Tax rate 240,000 130,000 5.000 30,000 7% 16,000 30% Assume the company has no short-term debt. Also assume that all asset turnover, profit margin, and dividend payout ratios remain constant. (Hint: Prepare income statement working backwards from the bottom.) What are the company's earnings before interest and taxes (EBIT)? OA2 27,057 OB.2 27,757 OC.28,457 OD. 29,157 OE. 29,857 OF. 30,557 O G. 31,257 OH. 31.957