You have the following income statement data:

Sales	$860
Cost of goods sold(Depreciation not included)	$477
Depreciation	$90
Interest expense	$69
Tax rate	35%

Calculate net income. Round your answer to 2 decimal points; example 234.12.

and

You have the following income statement data:

Sales	$920
Cost of goods sold (Depreciation not included)	$460
Depreciation	$90
Interest expense	$58
Tax rate	35%

Calculate earnings before interest and taxes (EBIT); round to 2 decimal points; example 400.00.

Your Answer: