Income Statement: Like Books Inc. recently reported $3 millionof net income. Its EBIT was $6 million, and its tax rate was 40%. What was its interest expense? Then divide $3 million of net income by (1-T)=0.6 to find the pretax income. The difference between eBIT and taxable income must be the interest expense.

SInce this is homeowrk... and we don't do homework per the site rules... whats your answer to it?