Fast corporation has announced that its net income for the, Ask an Expert

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FAST Corporation has announced that its net income for the year ended June 30, 2008, is $1,000,320. The company paid a 7 percent dividend and had an EBITDA of $ 4,900,000. Its depreciation and amortization expense was equal to $1,500,000. The company's tax rate is 36 percent. What is the amount of interest expense for the Corporation?

A. $ 1,837,000
B. $ 1,884,849
C. $ 880,659
D. $ 1,489,500

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