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You are given the following information for Troiano Pizza Company: sales = $ 7 7 , 6 0 0 ; costs = $ 3 8

You are given the following information for Troiano Pizza Company: sales =$77,600; costs =$38,050; addition to retained earnings =
$6,875; dividends paid =$2,430; interest expense =$5,420; tax rate =23 percent.
Calculate the net income.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
Net income
Calculate the taxable income.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
Taxable income
Calculate the EBIT.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
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