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you to create Question 1 (2.5 points) The Following financial information will help you to create an Income Statement or, a Statement of Comprehension Income.

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you to create Question 1 (2.5 points) The Following financial information will help you to create an Income Statement or, a Statement of Comprehension Income. Non-Cash Items (Depreciation) - $4,000, Other Costs = 5%, Sales - $475,000, Distribution Costs - $55.000, Taxes = 31%, Cost of Sales = 42%, Interest Expenses = 2.75%, and Administrative Cost = 10%. What is the total amount of Taxes paid? ASUS $91,209.38 $40,978.13 $45,027.50 $45.978.13 Open original

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