What is the taxes reported on the income statement

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Reference no: EM131591185

Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $906,500, Interest expense = $83,000, and Net income = $582,000. What is the 2008 Taxes reported on the income statement?

$324,500

There is not enough information to calculate 2008 Taxes.

$241,500

$823,500

Reference no: EM131591185

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