You have developed the following pro forma income statement for your corporation:

Sales $45,739,000

Variable Costs (22,874,000)

Revenue before fixed costs 22,865,000

Fixed costs (9,176,000)

EBIT 13,689,000

Interest expense (1,309,000)

Earnings before taxes 12,,380,000

Taxes (50%) (6,190,000)

Net Income 6,190,000

It represents the most recent year