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At end of 2017, KIA had annual net profit of $1,500,000 from automobile sales and paid corporate tax of 40% and interest expenses $250,000

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At end of 2017, KIA had annual net profit of $1,500,000 from automobile sales and paid corporate tax of 40% and interest expenses $250,000. Therefore, the Earnings Before Interest and Tax (EBIT) will be: Select one: O a. $2,500,000 O b. $3,000,000 O c. $2,250,000 O d. $2,750,000