corporate tax rate was $25\%,$ and Laiho pays $47\mathrm{.}25\%$ 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$)$ depreciation from one year to the next is the annual depreciation expense for the year.

Laiho Industries: Statement of Stockholders' Equity, December $31,2021($thousands of dollars$)$

$\backslash$table$[[,$Common Stock,Retained Earnings,Total Stockholders' Equity$],[$Balances$,$ December $31,2020,$$$,$$$,$$