Sample Income Statement Items Current Year Revenues $ 183,000 Cost of Sales 109,600 Selling. General, & Admin.
Expenses 32,800 Depreciation 15,500 Interest Expense 2,300 Tax Expense Net Income The table above contains select income statement items for XYZ Corp for the current year. Based on the information above and assuming a tax rate of 33 calculate the Net Income for XYZ Corp for the current year. Note: Round your answer to the nearest dollar. Get Finance homework help today