2019 2020 2021 2022 2023 Sales Production costs Other expenses Depreciation EBIT Interest Taxable income Taxes (21%) Net income $ 31,500,000 6.615,000 $ 24,885,000 $ 27,255,000 $ 31,995,000 $330,000,000 231,000,000 33,000,000 27,000,000 $ 39,000,000 7,500,000 $375,000,000 262,500,000 38,000,000 31,000,000 $ 43,500,000 9,000,000 $ 34,500,000 7,245,000 $415,000,000 290,500,000 41,000,000 33,000,000 $ 50,500,000 10,000,000 $ 40,500,000 8,505,000 $445,000,000 311,500,000 45,000,000 36,000,000 $ 52,500,000 10,500,000 $ 42,000,000 8,820,000 $495,000,000 346,500,000 49,000,000 36,000,000 $ 63,500,000 11,000,000 $ 52,500,000 11,025,000 $ 41,475,000 $ 33,180,000 Additions to retained earnings 0 $ 16,000,000 $ 19,000,000 $ 21,000,000 $ 25,000,000