How much was the firms earnings before taxes, Financial Management

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How much was the firms earnings before taxes

Ffice Supplies recently reported $25,000 of sales, $10,000 of operating costs other than depreciation, and $2,500 of depreciation. It had $15,000 of bonds outstanding that carry a 6% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)?

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