In: Finance
| ABC Company Income Statement | |
| For the 12 month period ended 12/31/2016 | |
| Net Sales | |
| Cost of Sales | $ 450,000 |
| Gross Profit | $ 500,000 |
| Operating Expenses: | |
| Depreciation | $ 75,000 |
| Amortization | $ 25,000 |
| Other Operating Expenses | |
| Total Operating Expenses | $ 400,000 |
| Income From Operations | |
| Interest Expense | |
| Net Income Before Taxes | $ 80,000 |
| Taxes- 30% | |
| Net Income | |
| EBITDA | |