Using the table below create SinCo's Income Statement for 2013 and 2014.(Do not round intermediate calculations. Round your answer to 2 decimal places.)

2013 2014
Revenue $4,000 5252
Cost of Good Sold 1,600 2,101
Depreciation 500 524
Inventory 300 335
SG&A 500 534
Interest Expenses 150 175
Common Stock and Paid-in Capital 2,200 2,200
Federal and State Taxes (35% of EBT) 400
Accounts Payable 300 354
Accounts Receivable 400 424
Net Fixed Assets 5,000 4962
Retained Earnings (Balance Sheet) 1,000
Long-Term Debt 2,000 2481
Notes Payable 1,000 1016
Dividends Paid 410 410
Cash 800
What is SinCo's EBITDA for 2014?
What is SinCo's EBIT for 2014?

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