You are given the following information for Sookle's Cookies Co: sales = $52,600 costs = $38.200; addition to retained earnings = $2.460; dividends paid = $1,005, Interest expense - $1,420, tax rate = 40 percent. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Calculate the net income. Net income Calculate the taxable income. Taxable income Calculate the EBIT EBIT Calculate the depreciation expense. Depreciation expense