C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have?
| Sales | $2,850.00 |
| Costs | 1,850.00 |
| Depreciation | 192.00 |
| EBIT | $808.00 |
| Interest expense | 285.00 |
| EBT | $523.00 |
| Taxes | (35%183.00) |
| Net income | $339.95 |
a. $427.78
b. $450.29
c. $473.99
d. $498.94
e. $525.20
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