What was the firm taxable income

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Reference no: EM131551274

Jacobsen Chemicals recently reported $780,000 of sales, $600,000 COGS, and $145,000 of depreciation and amortization charges. It has outstanding $600,000 of bonds that have a 6% coupon rate. What was the firm's taxable income (EBT)?

-$13,000

-$1,000

$10,500

$28,000

$34,000

Reference no: EM131551274

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