I need help with calculating the amount of the firm's EBIT

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Business Finance

Description

Advantage First Corporation has sales of $4,451,020; income tax of $385,539; the selling, general and administrative expenses of $274, 801; depreciation of $374,435; cost of goods sold of $2,798,610; and interest expense of $129,645. What is the amount of the firm’s EBIT?

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