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

You are given the following information for Troiano Pizza Company: sales =$78,800; costs =$38,250; addition to retained earnings =
$6,975; dividends paid =$2,510; interest expense =$5,580; tax rate =22 percent.
Calculate the net income.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
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 tCalculate the depreciation expense.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.o the nearest whole number, e.g.,32.
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