Taxes Assignment

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Taxes Assignment

The Fitness Studio, Inc.’s 2018 income statement lists the following income and expenses: EBIT – $530,000, interest expense – $60,000, and net income = $436,000. Calculate the 2018 taxes reported on the income statement. (Enter your answer in dollars. Round your answer to the nearest dollar amount.) Taxes. Get Finance homework help today

The Fitness Studio, Inc.’s 2018 income statement lists the following income and expenses: EBIT – $530,000, interest expense – $60,000, and net income = $436,000.
Calculate the 2018 taxes reported on the income statement. (Enter your answer in dollars. Round your answer to the nearest dollar amount.)
Taxes. Get Finance homework help today