Given the following information:

Sales Growth Rate	25%
COGS / Sales	65%
Operating Expense / Sales	20%
Depreciation Expense (000)	$40
Interest Expense (000)	$10
Tax Rate	40%
Dividends (000)	$20

Calculate the following information for 20X1:

Income Statement (000)
	20X0		20X1
Sales	1500
Cost of goods sold	975
Gross profit	525
Operating costs	300
Depreciation expense	40
Net Operating Profit	185
Interest Expense	10
Earnings Before Taxes	175
Taxes	70
Net Income	105
Dividends	$20
Addition to Retained Earnings	$85