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Below are the same records of the HTM Corp (imaginary). According to the given information, please answer the following questions. If the Income Statement structure

Below are the same records of the HTM Corp (imaginary). According to the given information, please answer the following questions. If the Income Statement structure is broken on your screen, adjust the size of the window of your screen; or use zoom in/out function until it shows correctly.

Income Statement HTM Corp. Dec. 31,

2XX1 2XX2

Sales $1,200,000 $1,500,000

Cost of Sales $ 360,000 $ 480,000

Gross Profit $ 840,000 $1,020,000

Payroll Expenses $ 300,000 $ 360,000

Gen. & Admin. Exp. $ 144,000 $ 180,000

Other Expenses $ 120,000 $ 180,000

EBT $ 276,000 $ 300,000

Income Taxes $ ??????? $ ???????

Net Income $ 165,600 $ 180,000

The sales amount of the 2xx1 is the result of 20% growth from the previous year (2xx0). Determine the sales amount of the 2xx0.

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