a. Sales for 2021 were $442,150,000, and EBITDA was 14% of sales. Furthermore, depreciation and amortization were 19% of net fixed assets, interest was $8,425,000, the corporate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31, 2021 (thousands of dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income Common dividends Addition to retained earnings $ $ $ $ $ $ LA LA $ 2021

Sales for 2021 were $442,150,000, and EBrTDA was 14% of sales. Furthermore, depreciation and amortization were 19% of net fixed assets, interest was $8,425,000, the corporate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends, Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31, 2021 (thousands of dollars)