Chapter Net Present Value and Capital Budgeting Projected income statements of special firm S ales $200000 Variables costs 125000 75000 Fixed costs 12000 Depreciation 30000 EBIT 33000 Taxes (34%) 11220 Net income 21780Chapter 7 Net Present Value and Capital Budgeting Projected income statements of special firm Sales $200000 Variables costs 125000 75000 Fixed costs 12000 Depreciation 30000 EBIT 33000 Taxes (34%) 11220 Net income 21780