Jacobsen Chemicals recently reported $780,000 of sales, $600,000 COGS, and $145,000 of depreciation and amortization charges. It has outstanding $600,000 of bonds that have a 6% coupon rate. What was the firm's taxable income (EBT)?
-$13,000
-$1,000
$10,500
$28,000
$34,000